Question: Do problems with proper formulas and calulations please. No excel The spot exchange rate is 2.1 Swiss Francs per USS. The 1 -year forward exchange

Do problems with proper formulas and calulations please. No excel

The spot exchange rate is 2.1 Swiss Francs per USS. The 1 -year forward exchange rate is 1.9 Swiss Francs per US\$. One-year risk-free securities yield 6% in the U.S. and 4% in Switzerland. What forward rate is implied by Interest Rate Parity? How much profit could be made on a $1 million investment

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