The forward rate of the swiss franc

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Reference no: EM13914624

The forward rate of the Swiss franc is $.60. The spot rate of the Swiss franc is $.50. The following interest rates exist: U.S. Switzerland 360-day borrowing rate 7% 5% 360-day deposit rate 6% 4% You need to purchase SF 200,000 in 360 days. If you use a money market hedge, the amount of dollars you need in 360 days is:

Reference no: EM13914624

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