What rate of return does japanese firm earn on investment
Suppose a Japanese firm buys a 1 year treasury bill with a face value of $10,000 today for $9400. If the value of the dollar declined from 90 to 80 yen during the year, what rate of return does the Japanese firm earn on its investment?
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If the value of the dollar declined from 90 to 80 yen during the year, what rate of return does the Japanese firm earn on its investment?
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