Question
The one-year forward rate for the Swiss franc is SF1.1345/$. The spot rate is SF1.1476/$. The interest rate on a risk-free asset in Switzerland is
The one-year forward rate for the Swiss franc is SF1.1345/$. The spot rate is SF1.1476/$. The interest rate on a risk-free asset in Switzerland is 2.31 percent. If interest rate parity exists, what is the one-year risk-free rate in the U.S.?
1.14%
2.79%
3.49%
3.27%
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Old Money New Woman How To Manage Your Money And Your Life
Authors: Byron Tully
1st Edition
1950118010, 978-1950118014
