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Question 24 1 pts 24. Assume the Dollar/Swiss Franc exchange rate is 0.98 at current and the annual domestic interest rate in Switzerland is
Question 24 1 pts 24. Assume the Dollar/Swiss Franc exchange rate is 0.98 at current and the annual domestic interest rate in Switzerland is 3%. The annual domestic interest rate in the U.S. is 5%. What is the forward exchange rate of Dollar/Swiss Franc one year from now? O a. 1.1 O b.1 O c. 0.96 O d. 1.2 Oe. 0.97
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