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You need to purchase sf200000 in 360 days if you use a


The forward rate of the Swiss franc is $.50. The spot rate of the Swiss franc is $0.46. The following interest rates exist:

                                                       U.S.                Switzerland

360-day borrowing rate                     0.05                        .05

360-day deposit rate                          .06                        0.02

You need to purchase SF200,000 in 360 days. If you use a money market hedge, the amount of dollars you need in 360 days is:

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Finance Basics: You need to purchase sf200000 in 360 days if you use a
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