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Suppose you are a U.S. investor who is planning to invest $165,000 in Japan. You do so at a starting exchange rate of 84.68 per
Suppose you are a U.S. investor who is planning to invest $165,000 in Japan. You do so at a starting exchange rate of 84.68 per $. Your Japanese investment gains 7.4 percent, and the ending exchange rate is 89.05= per $. What is your total return on this investment? Note: Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places. Answer is complete but not entirely correct
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