You are an American investor with a sweet tooth. You have decided to invest in Nestle, a Swiss multinational food and drink processing conglomerate corporation headquartered in Vevey, Vaud, Switzerland. Unfortunately, you can only buy the shares at the SIX Swiss Exchange in Zurich. You have collected the following data: S0=CHF 0.90/USD S1=CHF 0.98/USD P0=CHF 100/share P1=CHF 105/share Dividend =CHF 2.70 paid at time 1. Compute the percentage change in the price of the CHF. (3 decimal places: if your answer is 2.345% please type 2.345)

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Solution To compute the percentage change in the price of the CHF we need to calculate the Swiss fra... View the full answer