The amount needed in 360 days = CHF 100,000

We will use the money market hedge:

Step 1:

We have to purchase present value of CHF 100,000 @ 3% deposit rate of the Switzerland. For that
borrow dollars and convert that at spot rate $0.48 per Swiss fiancé.

Therefore,

Present value of CHF 100,000 at Switzerland deposit rate 3%.

=100,000/1.03

=97087.37864 CHF

Step 2:

Borrow amount equal to dollar for CHF 97087.37864 at spot exchange rate.

= 97087.37864*0.48

= $46601.9417472

Step 3:

Borrow $46601.9417472 for 360 days @ US borrowing rate 7% .maturing amount after 360 days.

= 46601.9417472*(1+0.07)

= $49864.07767

So therefore, Amount qualified in dollars after 360 days.

= $49864.07767