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Suppose 6 months ago a Swiss investor bought a 6-month U.S. Treasury bill at a price...

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Finance

Suppose 6 months ago a Swiss investor bought a 6-month U.S.Treasury bill at a price of $9,708.74, with a maturity value of$10,000. The exchange rate at that time was 1.4200 Swiss francs perdollar. Today, at maturity, the exchange rate is 1.3640 Swissfrancs per dollar. What is the nominal annual rate of return to theSwiss investor? Enter your answer rounded to two decimal places. Donot enter % in the answer box. For example, if your answer is0.12345 or 12.345% then enter as 12.35 in the answer box.

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Suppose 6 months ago a Swiss investor bought a 6-month U.S.Treasury bill at a price of $9,708.74, with a maturity value of$10,000. The exchange rate at that time was 1.4200 Swiss francs perdollar. Today, at maturity, the exchange rate is 1.3640 Swissfrancs per dollar. What is the nominal annual rate of return to theSwiss investor? Enter your answer rounded to two decimal places. Donot enter % in the answer box. For example, if your answer is0.12345 or 12.345% then enter as 12.35 in the answer box.

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