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Business, 26.06.2020 16:01 iiChantxx

Assume that you have invested $100,000 in Japanese equities. When purchased, the stock's price and the exchange rate were ¥100 and ¥100/$1.00 respectively. At selling time, one year after purchase, they were ¥110 and ¥110/$1.00. If the investor had sold ¥10,000,000 forward at the forward rate of ¥105/$1.00 the dollar rate of return would be

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Assume that you have invested $100,000 in Japanese equities. When purchased, the stock's price and t...
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