Question: Explicate the reason a currency appreciation (depreciation) increases (decreases) the profitability of a foreign investment. Direct your explication to the conversion of debt payments (principal

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

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