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Homework answers / question archive / Christoph Hoffeman of Blade Capital now believes the Swiss franc will appreciate versus the U
Christoph Hoffeman of Blade Capital now believes the Swiss franc will appreciate versus the U.S. dollar in the coming three-month period. He has $100,000 to invest. The current spot rate is $0.5820/SF, the three-month forward rate is $0.5640/SF, and he expects the spot rates to reach $0.6250/SF in three months.
Calculate Christoph's expected profit assuming he buys or sells SF three months forward.
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