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You have a payable due in 1 year for SF100,000. The spot rate of the Swiss franc is $.48. The following interest rates exist: U.S.

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You have a payable due in 1 year for SF100,000. The spot rate of the Swiss franc is $.48. The following interest rates exist: U.S. Switzerland 1 Year borrowing rate 7% 5% 1 Year deposit rate 6% 4% If you use a money market hedge, the amount of dollars it will cost in 1 year $50,952 O $50,962 $49,385 $48,457

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