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Suppose the spot exchange rate for the Swiss Franc is SF.9915. Interest rates in the United States are 3.5% per year. Interest rates in Switzerland
Suppose the spot exchange rate for the Swiss Franc is SF.9915. Interest rates in the United States are 3.5% per year. Interest rates in Switzerland are 7.8% (75 POINTS) a. What would you expect the exchange rate will be in one year? b. What would you expect the exchange rate will be in two years
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