Question
Suppose the current exchange for the CHF is USD 0.9787 per CHF. You forecast the USD is going to appreciate by 15% relative to the
Suppose the current exchange for the CHF is USD 0.9787 per CHF. You forecast the USD is going to appreciate by 15% relative to the CHF in one month.
What will be the USD/CHF exchange rate in a month if your forecast is?
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