Suppose you are a us investor who is planning to invest


Suppose you are a U.S. investor who is planning to invest $245,000 in Japan. You do so at a starting exchange rate of 85.48 ¥/$. Your Japanese investment gains 8.20 percent, and the ending exchange rate is 83.76 ¥/$. What is your total return on this investment?

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Financial Management: Suppose you are a us investor who is planning to invest
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