Coraline9151 Coraline9151
  • 28-12-2022
  • Business
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When you buy the bond the exchange rate is ​$1. 501. 50 ​= pound£1. You pay pound£4545 ​($67. 5067. 50​) for the british bond. You sell the bond for pound£5050. No interest payment was expected or received. When you sell the​ bond, the exchange rate is​ $1. 751. 75 ​= pound£1?

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