What is the yield of return on this investment so far in


Julia is the US investor. She invested $10 000 in 5-year European corporate bonds denominated in EUR which yield 3.3% per annum. The exchange rate is EUR/USD=1.03. What is the yield of return on this investment so far in Julia’s home currency (USD) in one year from now if the exchange rate changes to EUR/USD=0.83? Consider that after a year Julia receives only coupon payment.

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Financial Management: What is the yield of return on this investment so far in
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