Suppose the current exchange rate between the United States and Switzerland is $1.02/Fr. The continuously compounded interest
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Suppose the current exchange rate between the United States and Switzerland is $1.02/Fr. The continuously compounded interest rate in the U.S. is 6%, while the continuously compounded Swiss franc-denominated interest rate is 9%. What is the price of a 5 -month prepaid forward contract on the Swiss franc?
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