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Question 16 2 pts U.S. interest rate for 1 year (borrow or deposit) 10% Swiss deposit rate for 1 year (borrow or deposit) 8% Swiss

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Question 16 2 pts U.S. interest rate for 1 year (borrow or deposit) 10% Swiss deposit rate for 1 year (borrow or deposit) 8% Swiss franc spot rate $0.45 Also assume that a U.S. exporter expects to receive $2,000,000 in 1 year. Using the information above, what will be the approximate value of these exports in 1 year in U.S. dollars given that the firm executes a money market hedge? $916,667 $990,000 $883,637 $900,000

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