Problemassuming the interest rate parity holds the spot, Ask an Expert

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Assuming the Interest Rate parity holds. The spot rate for swiss francs =$2.5, the 1-yr forward rate is $2.8, and the annual interest rate of a euros is 3%.

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Question: What is the annual rate of interest for USD?

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Accounting Basics, Accounting

Category:- Accounting Basics
Reference No.:- M91166020

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