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kolitchko kolitchko
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6 years ago
Suppose you invest $5,000 in a one-year Japanese bond that pays 1% interest. At the time of your purchase, 85 yen equals $1 while one year later, 80 yen equals $1. What will be the value of your investment in one year when measured in dollars?
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Money, Banking, and the Financial System

Money, Banking, and the Financial System


Edition: 3rd
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vehmeinvehmein
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kolitchko Author
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6 years ago
I appreciate what you did here, answered it right Smiling Face with Open Mouth
gage
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Yesterday
Smart ... Thanks!
dearsophia21
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2 hours ago
Good timing, thanks!
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