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Suppose that the 2-year interest rates in Switzerland and the United States are 3% and 5% respectively (with continuous compounding), and the spot exchange rate

Suppose that the 2-year interest rates in Switzerland and the United States are 3% and 5% respectively (with continuous compounding), and the spot exchange rate is 1.02 CHF per USD. What is the 2 year forward exchange rate?

0.94195

1.0204

0.9800

1.0616

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