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The following data are given: Et=110=$1.00Et+1=120=$1.00(oneyearlater)iJapan=10%annuallyiU.S.=8%annually Calculate the future value of $1,000 in one year invested in the United States and Japan. If invested in
The following data are given: Et=110=$1.00Et+1=120=$1.00(oneyearlater)iJapan=10%annuallyiU.S.=8%annually Calculate the future value of $1,000 in one year invested in the United States and Japan. If invested in the United States, the future value is $. (Round your response to the nearest penny.) If invested in Japan (and repatriated back to dollars), the future value is $. (Round your response to the nearest penny.)
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