The four month interest rates in Switzerland and the United States are 2.28 percent and...
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Finance
The four month interest rates in Switzerland and the United States are 2.28 percent and 3.2 percent per annum respectively with continuous compounding. The spot price of Swiss franc is $1.08 USD per 1 CHF Calculate the four months futures price for CHF. Keep your answer to two decimal places and write your answer in the format of USD per 1 CHF (swiss franc). For example, if your think futures price should be 1.02 USD per 1 CHF, then answer 1.02
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