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Assume that you have invested $100,000 in Japanese equities. When purchased the stock's price and the exchange rate were 100 and 1100/1.00 respectively. At selling
Assume that you have invested $100,000 in Japanese equities. When purchased the stock's price and the exchange rate were 100 and 1100/1.00 respectively. At selling time, one year after purchase, they were V110 and 110/51.00. If the investor had sold 10,000,000 forward at the forward exchange rate of V105/51,00 the dollar rate of return would be A. 28.00% . B.-9.09% 0.4.32% OD 27.27
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