Question: U.S. deposit rate for 1 year =11% U.S. borrowing rate for 1 year =12% Swiss deposit rate for 1 year =8% Swiss borrowing rate for

U.S. deposit rate for 1 year =11% U.S. borrowing rate for 1 year =12% Swiss deposit rate for 1 year =8% Swiss borrowing rate for 1 year =10% Swiss forward rate for 1 year =$.41 Swiss franc spot rate =$.39 Also assume that a U.S. exporter denominates its Swiss exports in Swiss rancs and expects to receive SF600,000 in 1 year. Using the information above, vhat will be the approximate value of these exports in 1 year in U.S. dollars given hat the firm executes a forward hedge
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