(Answered) Calculate the nominal annual rate of return

Finance

Six months ago, a Swiss investor bought a 6-month US treasury bill at a price of $9,708.74, with a maturity value of $10,000. The exchange rate at that time was 1,420 Swiss francs per dollar. Today, at maturity, the exchange rate is 1,324 for Swiss francs. Calculate the nominal annual rate of return to the Swiss investor. Please explain your answer and also provide examples

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