QUESTION 83 Assume the following information: U.S. deposit rate for 1 year 11% U.S. borrowing rate for 1 year = 12% = Swiss deposit rate for 1 year 8% Swiss borrowing rate for 1 year 10% Swiss forward rate for 1 year $.40 Swiss franc spot rate $.39 Also assume that a U.S. exporter denominates its Swiss exports in Swiss francs and expects to receive SF600,000 in 1 year. Using the information above, what will be the approximate value of these exports in 1 year in U.S. dollars given that the firm executes a forward hedge