Respuesta :
if the return is 46 %, the whole dollar amount after sale would be 14,600,000.
The dollar amount at which the bonds bought by the Japan life insurance is $10,618,181.82.
What is the dollar amount the bonds were sold at?
Exchange rate is the rate at which one currency is exchanged for another currency.
The first step is to determine the rate of return on the investment in terms of yen.
Total return = (1 + rate of return) x amount invested
= ¥800,000,000 x 1.46 = 1,168,000,000
The second step is to convert yen to dollar by dividing the total retrun at the current exchange rate.
1,168,000,000 / 110 = $10,618,181.82.
To learn more about exchange rate, please check: https://brainly.com/question/25780725
