Question: The following data are given: Ex = 105 = $1.00 Ep+1 = 130 = $1.00 (one year later) = Japan = 8% annually U.S. =
The following data are given: Ex = 105 = $1.00 Ep+1 = 130 = $1.00 (one year later) = Japan = 8% annually U.S. = 10% 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.)
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