Assume annualized interest rates in the U. and Switzerland are 10% and 4%, respectively,and the Swiss franc can be exchanged for $0. Assume covered...

Assume annualized interest rates in the U.S. and Switzerland are 10% and 4%, respectively,and the Swiss franc can be exchanged for $0.3807. Assume covered interest rate parity holds.What is the 90day forward rate for the Swiss franc ($/Swiss franc)?

90 Days interest rate in:U.S.SwitzerlandAccording to Interets Rate ParityForward Rate== 2.50% Assumed 360 days in a year.1.00% Current Spot Rate*(1+ip)/(1+ib)Where,$0.3864 ip=ib=Under...