Mariam Mansiru, a Ghanaian citizen, is considering making a ?50,000 investments in the bonds of a Nigerian corporation. The bonds are denominated in Naira. If the naira decline in value against the dollar after Mariam buys the bonds, what will happen to Mariam’s investment? What other risks does Mariam bear with this investment? If Mariam’s bank decides to buy the bonds, how could it better withstand the risks?

Answer rating: 100% (QA)

If Mariam a Ghanaian citizen invests 50000 in bonds denominated in Nigerian Naira NGN several factors can affect her investment Currency Risk If the N... View the full answer