The $/exchange rate is 1- $1.1235, the interest rate in the US is 3% and the interest rate in Germany is 5%. What must be the no arbitrage 1 year forward rate? (A) 1.1021 (B) 1.1453 (C) 1.1572 (D) 1.685 Question 28 5 pts You bought 100 Swiss franc futures contract (size is SFr 125,000) at a price of $0.9535. If the spot rate for the Swiss franc at the date of settlement is SFr 1 $0.98450, what is your gain or loss on this trade? (A) $3,875 (B) $387,500 (C)-$3,875 (D)-$387,500