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The following data are given: Et = = $ 1 . 0 0 Et + 1 = = $ 1 . 0 0 ( one

The following data are given:
Et== $1.00
Et+1== $1.00(one year later)
i Subscript Japan=% annually
i Subscript U.S.=% annually
Part 2
Calculate the future value of $1,000 in one year invested in the United States and Japan.
Part 3
If invested in the United States, the future value is $
enter your response here. (Round your response to the nearest penny.)
Part 4
If invested in Japan(and repatriated back to dollars), the future value is $
enter your response here. (Round your response to the nearest penny.)

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