Assignment:
During the first half of 1990, Swiss government bonds yielded a local currency return of −1.6%. However, the Swiss franc rose by 8% against the dollar over this sixmonth period. Corresponding figures for France were 1.8% and 2.6%. Which bond earned the higher U.S. dollar return? What was the return on the higher bond?
Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.