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The current Swiss franc 1-year LIBOR is 25%. The current USD 1-year LIBOR rate is 2.35%. The current spot exchange rate is 1.09 Sf/$. As

The current Swiss franc 1-year LIBOR is 25%. The current USD 1-year LIBOR rate is 2.35%. The current spot exchange rate is 1.09 Sf/$.

As a portfolio manager, what do you expect, approximately, the %change in the value of the Swiss franc to be over the coming year?

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