The Implicit SF/$ Exchange Rate at Maturity of a Swiss

question 12

Multiple Choice

The implicit SF/$ exchange rate at maturity of a Swiss franc/U.S.dollar dual currency bonds that pay $581.40 at maturity per SF1,000,is

• A)SF0.58/$1.00
• B)SF1.58/$1.00
• C)SF1.72/$1.00
• D)SF1.95/$1.00

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