What was the return for the swiss government

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Problem 1: During the first half of the 1 990, the Swiss Government bonds yielded a local currency return of - 1.6% However the Swiss France rose by 8% against the dollar over this six-month period. Corresponding figures for France were 1.8% and 2.6%. Which bond earned higher U.S dollar return? What was the return?

Reference no: EM132955395

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