If annualized interest rates in the U.S. and Switzerland are 10% and 4%, respectively, and the 90day forward rate for the Swiss franc is $0.3864, at what current spot rate will covered interest rate parity hold?

If annualized interest rates in the U.S. and Switzerland are 10% and 4%, respectively, and the 90day forward rate for the Swiss franc is $0.3864, at what current spot rate will covered interest rate parity hold?

If annualized interest rates in the U.S. and Switzerland are 10% and 4%, respectively, and the 90day forward rate for the Swiss franc is $0.3864, at what current spot rate will covered interest rate parity hold?