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The two month interest rates in Switzerland and the United States are 2% and 5% per annum respectively with continuous compounding. The spot price of
The two month interest rates in Switzerland and the United States are 2% and 5% per annum respectively with continuous compounding. The spot price of Swiss franc is $0.8. The futures price for a contract deliverable in two months is $0.81. What should the futures price be? Keep 3 decimal points and write your answer in the format of USD per CHF (swiss franc)
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