Does this enhance or diminish the investor''s return on

Does this enhance or diminish the investor''s return on stock

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Reference no: EM131289936

A Japanese investor decides to purchase shares in a company that trades on the London Stock Exchange. The investor's plan is to hold these shares for one year, sell them and convert the proceeds to yen at year's end. During the year, the pound appreciates against the yen. Does this enhance or diminish the investor's return on the stock?

Reference no: EM131289936

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