The spot rate of usd on january 1st is chfusd098 six month
1- Suppose that on January 1st the annual cost of borrowing in Swiss Francs is 5%. The spot rate of USD on January 1st is CHF/USD0.98. Six month forward rate was quoted as CHF/USD 0.95. What is the Swiss Franc cost of borrowing in USD?
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The spot rate of USD on January 1st is CHF/USD0.98. Six month forward rate was quoted as CHF/USD 0.95. What is the Swiss Franc cost of borrowing in USD?
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