$1.00 Assume you invest in the Japanese equity
Assume you invest in the Japanese equity market and have a 25 percent return (quoted in yen). However, during the course of your investment, the yen declines versus the dollar. By what percentage could the yen decline relative to the dollar before all your gain is eliminated?
Yen-Dollar Problem solved--easy explanation
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- Posted on Jun 08, 2012 at 9:24:28PM
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