According to money rates and currencies listed on the wall street journal, one-year interest rates are 5% in the United States and 3.89% in Switzerlland. The spot rate between the Switzerland franc(SF) and the dollar is SF 1.1299/$. Assuming the interest rate parity holds, what should the SF/$ exchange rate be one-month, three months and six months hence? Compare your answer to the actuall one-month(SF 1.1296/$), three-month(1.1288/$), and six-month(SF1.1276/$) forward rate. Does the interest rate parity hold? Why or Why not? Briefly explain.