Suppose you work at the financial department of Bluegate, a company in Japan, which uses the Yen as its currency. The manager of Bluegate is considering building a new factory in the US, where the US dollar is the currency. The initial investment in the first year is estimated to be $8 million. The manager plans to invest in US govemment bonds because the yield on Us government bonds is much higher than the equivalent in Japan. Explain whether you agree with the manager's plan, if the international capital markets are integrated