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Use the same data as the prior question (replicated below). Assume that interest rate parity holds. What is the expected forward rate to sell Swiss

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Use the same data as the prior question (replicated below). Assume that interest rate parity holds. What is the expected forward rate to sell Swiss francs for US? 12% U.S. interest rate for 1 year (borrow or deposit) 8% Swiss deposit rate for 1 year (borrow or deposit) $0.45 Swiss franc spot rate $0.47 $0.45 $1.04 12%

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