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Required: Consider 9 . 4 percent Swiss franc per U . S . dollar dual - currency bonds that pay $ 6 6 6 .
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Consider percent Swiss franc per US dollar dualcurrency bonds that pay $ at maturity per SFr of par value. It sells at par. What is the implicit SFr per $ exchange rate at maturity? Will the investor be better or worse off at maturity if the actual SFr per $ exchange rate is SFr per $
Note: Do not round intermediate calculations. Round your answer to decimal places.
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