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Business, 22.06.2019 12:20 ohgeezy

Consider 8.5 percent swiss franc/u. s. dollar dual-currency bonds that pay $666.67 at maturity per sf1,000 of par value. it sells at par. what is the implicit sf/$ exchange rate at maturity? will the investor be better or worse off at maturity if the actual sf/$ exchange rate is sf1.35/$1.00

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Consider 8.5 percent swiss franc/u. s. dollar dual-currency bonds that pay $666.67 at maturity per s...
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