Using published sources (for example, The Wall Street Journal, Barron’s, Federal Reserve Bulletin), look up the exchange rate for U.S. dollars with Japanese yen for each of the past ten years (you can use an average for the year or a specific time period each year). Based on these exchange rates, compute and discuss the yearly exchange rate effect on an investment in Japanese stocks by a U.S. investor. Discuss the impact of this exchange rate effect on the risk of Japanese stocks for a U.S. investor
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