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The current spot rate is quoted as 1.51 - 1.55 C/sf. 1 year interest rates are 10.1 % for Canada(CAD) and 2 % for Switzerland(CHF).

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The current spot rate is quoted as 1.51 - 1.55 C/sf. 1 year interest rates are 10.1 % for Canada(CAD) and 2 % for Switzerland(CHF). The 1 year forward rate is 1.63 - 1.64 C/sf How much money would you have if you started with 1000 Swiss and chose to convert your money to Canada, invest for the year in the Canada, and bring your money home. Please answer to the nearest unit of currency

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