What was the return on the higher bond

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Suppose during the first half of the year, swiss government bonds yielded a local currency return of -1.6%. However, the swiss franc rose by 8% against the dollar over a 6 month period. Corresponding figures for france were 1.8% and 2.6%. Which bond earned the higher us dollar return? what was the return on the higher bond?

Reference no: EM13280480

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