7. Suppose you invest 100 AUD in 1 year Japanese bond with 15% IR paid annually and AUD/JPY ER is 80 (\/AU$) (a) What is a risk for this investment? An appreciation or a depreciation of the AUD relative to the JPY? (b) How much JPY can you get for 100 AUD? (c) Suppose you convert it back to AUD after one year at 75 (/AU$). How much AUD can you get? (d) What is the return on this investment? (e) What is the return on JPY (a rate of change in JPY)? (f) Calculate the return on this investment from the bond return and the currency return. 7. Suppose you invest 100 AUD in 1 year Japanese bond with 15% IR paid annually and AUD/JPY ER is 80 (\/AU$) (a) What is a risk for this investment? An appreciation or a depreciation of the AUD relative to the JPY? (b) How much JPY can you get for 100 AUD? (c) Suppose you convert it back to AUD after one year at 75 (/AU$). How much AUD can you get? (d) What is the return on this investment? (e) What is the return on JPY (a rate of change in JPY)? (f) Calculate the return on this investment from the bond return and the currency return