Assume that the 6-month iUS = 10% and the 6-month iSwiss = 20%,and the spot rate is $1.20 per Swiss franc.Using the approximate covered interest rate parity condition,the 6-month forward rate $/Swiss franc is:
A) 1.08
B) 1.14
C) 1.26
D) 1.32
Correct Answer:
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