A US firm needing to borrow $200 million short term faces the following market ...

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A US firm needing to borrow $200 million short term faces the following market
information.
The Spot rate for Swiss Francs is $.4968? SF, or SF2.0161/$
The Forward Rate for Swiss Francs is $.5024? SF, or SF1.9889/$
Swiss short-term rate is 7%
US short term rate is 9.90%
In which market should it borrow and why?
What is the strategy?
Please show answers step by step.
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