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On 1-Jun , assume a Japanese investor purchases a stock in the U.S., denominated in USD . On 5-Aug the investor sells the stock. Did
On 1-Jun, assume a Japanese investor purchases a stock in the U.S., denominated in USD. On 5-Aug the investor sells the stock. Did the Japanese investor gain or lose on the USD investment? (0.5pt)
JPY/USD 1-Jun: 101.67 JPY/USD 5-Aug:103.03
Group of answer choices
A.) The Japanese investor gained on the USD investment
B.) The Japanese investor lost on the USD investment
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