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Author Question: Suppose a U.S. citizen invests 1,000 to purchase a one-year Japanese bond that has an interest yield ... (Read 130 times)

Lobcity

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Suppose a U.S. citizen invests 1,000 to purchase a one-year Japanese bond that has an interest yield of 10 percent. If the dollar appreciates 20 percent against the Japanese yen by the maturity date, the dollar value of the proceeds is _____.
 a. 900
  b. 1,100
  c. 1,300
  d. 1,500
  e. 1,200

Question 2

On January 12, 2011, one U.S. dollar was worth 0.78 euros. How many U.S. dollars did it take to buy one euro?
 a. 0.78
  b. 1.28
  c. 1.43
  d. 1.70



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snackralk

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Answer to Question 1

a

Answer to Question 2

b




Lobcity

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Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


elyse44

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Reply 3 on: Yesterday
:D TYSM

 

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