please detail your answers 7. You invested $20,000 dollars...
70.2K
Verified Solution
Link Copied!
Question
Finance
please detail your answers
7. You invested $20,000 dollars in Japanese bonds when the exchange rate was 95/$. Over the one year you held them, the bonds earned 5% interest. What is the amount in US dollars that you will receive if you convert your bonds (including interest) and the exchange rate is 90/$? 8. What is your ROI in pbm 7? 9. What would your investment in pbm 7 be worth if the exchange rate remained 95/$ ? What would your return on investment (ROI) be? 10. What if the exchange rate is 99/$? What is your ROI now? Explain what happened
Answer & Explanation
Solved by verified expert
Get Answers to Unlimited Questions
Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!
Membership Benefits:
Unlimited Question Access with detailed Answers
Zin AI - 3 Million Words
10 Dall-E 3 Images
20 Plot Generations
Conversation with Dialogue Memory
No Ads, Ever!
Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
