refer to https://www.chegg.com/homework-help/questions-and-answers/8-suppose-euro-based-investor-sold-honda-motor-co-ltd-honda-shares-tokyo-stock-exchange-in-q89983054 for the beginning of the question

b) (7 points) Now, suppose that you had bought 30,000 euros forward (you had agreed to buy euro and sell yen using Euro Dollar and Dollar Yen 12-month forward rates) one year ago (Dec. 15, 2013). What is the total realized euro rate of return including the forward? In hindsight, should you have bought the euro amount forward or not? Why or why not? Solution