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What is the gain or loss in value of the inventory

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Last year Grandview, Inc. had investments in Japan worth 1,000,000 yen. At that time, the yen was worth $.0092. Today the yen is trading for $.0090. What is the gain or loss in value of the inventory expressed in dollars and in yen? Use a minus sign to give the amount as a negative value. Round your answers to the nearest whole number.

Reference no: EM132774593

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