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4. Given an interest rate for GBP at 14%/year, expected inflation rates forecasts for GBP at...

4. Given an interest rate for GBP at 14%/year, expected inflation rates forecasts for GBP at 12%/year and CHF at 4.0/year, and the following spot exchange rate quote: GBP/CHF 2.0, use international parity relations (IRP, PPP, and International Fisher) to determine the 1-year CHF interest rate, as well as the expected spot exchange rates and 1-year forward exchange rate.

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