If an American investor buys a Euro-bond and the value of the dollar rises, that individual earns a larger return on the investment.

Name: If an American investor buys a Euro-bond and the value of the dollar rises, that individual earns a larger return on the investment.
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If the value of the dollar rises against the euro, when the investor converts the euro-denominated returns back to dollars, they will receive fewer dollars for each euro, thus reducing the investment's return in dollar terms.

If an American Investor Buys a Euro-Bond and the Value