Question: The following data are given: E = Y100 = $1.00 E41 = 100 = $1.00 (one year later) Japan = 15% annually U.S. = 15%
The following data are given: E = Y100 = $1.00 E41 = 100 = $1.00 (one year later) Japan = 15% annually U.S. = 15% annually Calculate the future value of $1,000 in one year invested in the United States and Japan. If invested in the United States, the future value is $(Round your response to the nearest penny) If invested in Japan (and repatriated back to dollars), the future value is $ (Round your response to the nearest penny)
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