The Japanese risk-free interest rate is 0.9% per year and the Swiss risk-free interest rate is 2.2% per year. If the spot exchange rate is 46.50 per Swiss franc and interest rate parity holds, what is the one-year forward exchange rate in Japanese yen per Swiss franc? 1) 47.41 O2) 45.91 3) 44.82 4) 46.16 5) 47.10

The Japanese risk-free interest rate is 0.9% per year and the Swiss risk-free interest rate is 2.2% per year. If the spot exchange rate is $46.50 per Swiss franc and interest rate parity holds, what is the one-year forward exchange rate in Japanese yen per Swiss franc? 1) 47.41 2) 45.91 3) 44.82 4) \( \Varangle 46.16 \)