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You bought a yendenominated corporate bond at the beginning of the year for 100,000. The bond paid 3 percent annual interest and was trading for
You bought a yen"denominated corporate bond at the beginning of the year for 100,000. The bond paid 3 percent annual interest and was trading for 110,000 at year-end. The exchange rate was $1 = 100 at the beginning of the year and $1 = 122 at year-end. What holding period return, measured in U.S. dollars, did you earn on the bond?
Group of answer choices
A. 3.0%
B. '5.03%
C. None of the options are correct.
D. 10.0%
E. '7.38%
F. '18.03%
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