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On 1-Jun , assume a Japanese investor purchases a stock in the Euro-Zone, denominated in EUR. On 5-Aug the investor sells the stock. Show the

On 1-Jun, assume a Japanese investor purchases a stock in the Euro-Zone, denominated in EUR. On 5-Aug the investor sells the stock. Show the Japanese investors percentage gain or loss on the EUR investment. (1.5pts)

USD/EUR 1-Jun: 1.1634 USD/EUR 5-Aug: 1.0737

JPY/USD 1-Jun: 101.67 JPY/USD 5-Aug: 103.03

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