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QUESTION 10 7% Assume the following information: U.S. deposit rate for 1 year U.S. borrowing rate for 1 year 12% Swiss deposit rate for 1

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QUESTION 10 7% Assume the following information: U.S. deposit rate for 1 year U.S. borrowing rate for 1 year 12% Swiss deposit rate for 1 year 8% Swiss borrowing rate for 1 year 15% Swiss forward rate for 1 year $.75 Swiss franc spot rate 9.88 Also assume that a U.S. exporter denominates its Swiss exports in Swiss francs and expects to receive SF600,000 in 1 year. Using the information above, what will be the approximate value of these exports in 1 year in US dollars given that the firm executes a forward hedge? O $450,000 O $360,000 O $240,000 O $510,000

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