If the spot rate for Swiss francs is $0.6658/franc and the 180-day forward rate is $0.6637, the market is indicating that the Swiss franc is expected to _____.
A) strengthen relative to the dollar
B) weaken relative to the ECU
C) lose value relative to the dollar over the next 6 months
D) gain value relative to the dollar over the next 6 months
Correct Answer:
Verified
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