Question: 1. Explicate the reason a currency appreciation (depreciation) increases (decreases) the profitability of a foreign investment. Direct your explication to the conversion of debt payment
1. Explicate the reason a currency appreciation (depreciation) increases (decreases) the profitability of a foreign investment. Direct your explication to the conversion of debt payment (principal and interest) and dividends from the foreign currency, let us say, ringgit to dollars. Everything else presupposes remains constant
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