Business
Business, 10.03.2020 04:47, phillipsk5480

"The forward rate of the Swiss franc is $.50. The spot rate of the Swiss franc is $.48. The following interest rates exist:

360-day borrowing rate
US: 7%
Switzerland 5%
360-day deposit rate
US: 6%
Switzerland: 4%

You need to purchase SF200,000 in 360 days. If you use a money market hedge, the amount of dollars you need in 360 days is ___.

answer
Answers: 3

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"The forward rate of the Swiss franc is $.50. The spot rate of the Swiss franc is $.48. The followin...

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