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Linda_us
Linda_us, Finance, Accounts & Homework Tutor
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(TO LINDA) ASSUME THE FOLLOWING INFORMATION U.S. INVESTORS

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(TO LINDA) ASSUME THE FOLLOWING INFORMATION:

U.S. INVESTORS HAVE $1,000,000 TO INVEST
1-YEAR DEPOSIT RATE OFFERED BY U.S. BANKS = 12%
1-YEAR DEPOSIT RATE OFFERED ON SWISS FRANCS = 10%
1-YEAR FORWARD RATE OF SWISS FRANKS =$.62
SPOT RATE OF SWISS FRANC =$.60

BASED ON THE ABOVE INFORMATION, WHAT WILL BE THE INVESTOR YIELD IF THE MONEY IS INVESTED IN SWTZERLAND?
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