Question
The following information is provided to you: Spot exchange rate for the Swiss franc = $0.61/Sfr One year forward rate for the Swiss franc =
The following information is provided to you:
Spot exchange rate for the Swiss franc = $0.61/Sfr
One year forward rate for the Swiss franc = $0.63/Sfr
One-year U.S. nominal interest rate = 5%
What is the one-year nominal interest rate for the Swiss franc?
A. 2.47%
B. 1.67%
C. 3.28%
D. 4.33%
E. 8.44%
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A Guide To Starting Your Hedge Fund
Authors: John Thompson, Erik Serrano Berntsen
1st Edition
0470519401, 978-0470519400
