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4. Assume you are a US investor who invests $1 mi. in stocks traded on the Tokyo Stock Exchange for 1 yr. Calculate your return.

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4. Assume you are a US investor who invests $1 mi. in stocks traded on the Tokyo Stock Exchange for 1 yr. Calculate your return. Beginning of the Year: Spot rate = $.01/JPY, Stock price = JPY 20,000 per share. End of the Year: Spot rate = $.0083/JPY, Stock price = JPY 25,000 per share

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