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The one-year forward rate for the Swiss franc is SF1.1377/$. The spot rate is SF1.1506/$. The interest rate on a risk-free asset in Switzerland is
The one-year forward rate for the Swiss franc is SF1.1377/$. The spot rate is SF1.1506/$. The interest rate on a risk-free asset in Switzerland is 2.39 percent. If interest rate parity exists.
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Forward rate spot Rate x 11377 11506 X 1 Swiss interes...
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International financial management
Authors: Jeff Madura
12th edition
1133947832, 978-1305195011, 978-1133947837
