Suppose that the yield on a 1-year U. S. Treasury bill is 3 percent and the yield on a 1-year Japanese Treasury bond is 2 percent. The spot exchange rate on the same date is 108 yen per U. S. dollar. Suppose that one of your projects in Japan is expected to generate 10 million yen at the end of the year. Assuming that interest rate parity holds, what is dollar-denominated cash flow at the end of the year

answer; i believe the answer you are searching for is (minimum payment)

answer$225.00;

two years ago, when picking flowers in the mountains back of yosemite valley, i found a book. it was blotted and storm-beaten; all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however; many of the inner pages were well preserved. and although all were more or less stained and torn, whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today; its granite pages have been torn and blurred by the same storms that wasted the castaway book.

two years ago, when picking flowers in the mountains back of yosemite valley; i found a book. it was blotted and storm-beaten, all of its outer pages were mealy and crumbly. the paper seemed to dissolve like the snow beneath which it had been buried, however, many of the inner pages were well preserved. and although all were more or less stained and torn; whole chapters were easily readable. this is the condition of the great open book of yosemite glaciers today, its granite pages have been torn and blurred by the same storms that wasted the castaway book.