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30) The following statements regarding the 'Yen Carry Trade' are true EXCEPT A) The 'Yen carry trade' existed when investors borrowed Yen at a low-interest

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30) The following statements regarding the 'Yen Carry Trade' are true EXCEPT A) The 'Yen carry trade' existed when investors borrowed Yen at a low-interest rate then purchase either U.S. dollars or a currency in a country that pays a high interest rate on its bonds B) The "Yen carry trade ultimately resulted in losses in the wake of 2008 financial crisis as the Yen strengthened in value versus the US Dollar C) Most Japanese high street banks offered the facility for private investors to access foreign currency deposit accounts D) The 'Yen carry trade' is still a viable investment option versus the US Dollar today 24) If, as a financial professional, I believe US interest rates are going to gradually fall over the next two weeks, which investment strategies would it make sense to engage in? A) Sell short-maturity US Government Bonds B) Buy US Dollars C) Engage in a 14-day REPO and fund myself on an overnight basis D) Engage in a 14-day REVERSE REPO and fund myself on an overnight basis

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