Japan has foreign assets of $100$ Tr Yen worth of investments in the US equities and Japan has also borrowed dollars$-$denominated loans worth $70$ Tr Yen from the US banks at the start of the year. During the year Japan had no current account transactions. However, Yen slides from $140$ Yen$/$USD to $160$ Yen$/$USD$.$ Which of the following is true? Japan prepares its BOP books in Yen.

Group of answer choices

As Japan prepare its books in Yen, the movement of Yen against USD has no implications for the Japanese NIIP

As Yen depreciated against the USD, Japan$$s foreign assets will now be valued more in Yen terms.

Japan$$s end of the year NIIP is $34\mathrm{.}228$ Tr Yen

Both B and C