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Question 5 (1 point) Assume the following: you have HK$5mi, to invest; the current spot rate of Swiss Franc is HK$0.90/SF; the 90-day forward rate

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Question 5 (1 point) Assume the following: you have HK$5mi, to invest; the current spot rate of Swiss Franc is HK$0.90/SF; the 90-day forward rate is HK$0.89/SF; the 90-day Hong Kong interest rate is 3%; the 90-day Swiss interest rate is 5%. What would be the annual yield if you invest in Switzerland? A) None of them Page 5 o OB) 7.42% Oq) 15.33% OD) 3.83% E) 6.18% Next Page

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