Use a graph showing the demand and supply of yen in, Financial Management

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Use a graph showing the demand and supply of yen in

Suppose the Bank of Japan sells $5 billion of U.S. Treasury securities.

Use a graph showing the demand and supply of yen in exchange for dollars to show the effect on the exchange rate between the yen and the dollar. Briefly explain what is happening in your graph.

(Note that the exchange rate will be dollars per yen.)

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