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apan Life Insurance Company invested $ 1 0 , 0 0 0 , 0 0 0 in pure - discount U . S . bonds
apan Life Insurance Company invested $ in purediscount US bonds in May when the exchange rate was yen per dollar. The company liquidated the investment one year later for $ The exchange rate turned out to be yen per dollar at the time of liquidation. What rate of return did Japan Life realize on this investment in yen terms?
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to decimal places.
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