The Figure Given Below Depicts the Foreign Exchange Market for British

question 5

Multiple Choice

The figure given below depicts the foreign exchange market for British pounds traded for U.S. dollars.Figure 22.2

-Suppose a U.S. citizen invests $1,000 to purchase a one-year Japanese bond that has an interest yield of 10 percent. If the dollar appreciates 20 percent against the Japanese yen by the maturity date, the dollar value of the proceeds is _____.

• A)$900
• B)$1,100
• C)$1,300
• D)$1,500
• E)$1,200

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Definitions:

Second-growth Forest

A forest that has regrown after a major disturbance, such as logging or fire, and is characterized by younger trees.

Tree Plantation

A forested area where trees are deliberately planted or sown for commercial, environmental, or agricultural purposes.

Farming Area

Land designated and utilized for agricultural purposes to cultivate crops and rear animals for food and other products.

Secondary Ecological Succession

The process through which established communities are replaced by new ones in an area where a disturbance has destroyed the previous ecosystem but left the soil intact, fostering new growth cycles.