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Answer:
Yes it does
Sorry I need 20 characters so 2+2=4 there you go
Answer:
The gain is of $17.50
Step-by-step explanation:
When you buy the bond the exchange rate is $1.50 = £1.
You pay £45 =
=$67.50 for the British bond.
No, you sell the bond for £50 and the exchange rate is $1.70 = £1.
So, you earned
dollars
Your gain is
= $17.50