Answer to Question #68071 in Financial Math for Adam Fittis

Question #68071
A UK company needs to pay a bill in Swiss Francs in 6 months time, and wishes to use an exchange rate forward to lock in an exchange rate now. The current exchange rate is £1=SFr 1.40190. The Swiss market interest rate is -0.95% per year, whereas the U.K. Market interest rate is 0.47% per year. Determine the fair exchange rate to be written into this forward.
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