At maturity (during the same year), the foreign investor of Problem 6 receives $410 for the principal
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At maturity (during the same year), the foreign investor of Problem 6 receives $410 for the principal and interest earned and deposits these dollars in his bank account in his own nation.
Problem 6
A foreign investor purchases $400 of U.S. treasury bills and pays by drawing down his bank balances in the United States.
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