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Question 5 (25 marks) (a) Calculate the effective financing rate of a six-month Swiss franc loan based on the given information: Swiss six month interest
Question 5 (25 marks) (a) Calculate the effective financing rate of a six-month Swiss franc loan based on the given information: Swiss six month interest rate 4.55-6.75 Initial exchange rate (AUD/CHF) 1.1575-1.1625 Exchange rate on maturity (AUD/CHF) 1.1375-1.1465 (5 marks]
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