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OZ Bank in Australia invests in one-year U treasury bond, which pays an interest rate o 1 0% per annum. Cumenti e spolec ang ate
OZ Bank in Australia invests in one-year U treasury bond, which pays an interest rate o 1 0% per annum. Cumenti e spolec ang ate s AU 312 r US$ What will be the return in the local currency (AUS) for the bank's U.S. treasury bond investment, if the exchange rate changes to AUS1.2 per USS in one year? Please express your answer in percentage form (i e % and round the number to the nearest 2nd decima You dont ne to key n though es t matter le 10 and 10% will be treated the same in grading)
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