Suppose you are a U.S. investor who is planning to invest $245,000 in Japan. You do so at a starting exchange rate of 85.48 ¥/$. Your Japanese investment gains 8.20 percent, and the ending exchange rate is 83.76 ¥/$. What is your total return on this investment? Solution Statement showing computations Particulars Amount Investment in Japan in $ $245,000 Investment in Japan in Yen = 245,000*85.48 20,942,600.00 Earnings Gained = 20,942,600*8.20% 1,717,293.20 Ending Investment in Yen = 20,942,600+ 1,717,293.20 22,659,893.20 Ending investment in $ = 22,659,893.20/83.76 270,533.59.