Question: Question 2 [ 2 0 marks ] A . Sargassum Bank speculates that the Swiss Franc will depreciate against the dollar from its spot rate

Question 2[20 marks]
A. Sargassum Bank speculates that the Swiss Franc will depreciate against the dollar from its spot rate of $1.10 to $1.07 in 60 days. The following interbank lending and borrowing eates exist:
\table[[,Lending Rate,,Borrowing Rate],[,8.9%,,9.1%
Question 2 [ 2 0 marks ] A . Sargassum Bank

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