I’ve been struggling with this for an hour. and I don’t know if I’m just burned out today or what, but I just can’t seem to figure this thing out.
Can anyone please help me to understand why on part B of this section the solution is using the skr6/$ exchange rate to translate the $30,000 capital gain off of U.S. Stocks?
The part that throws me off is that this is the Jan 1 exchange rate why wouldn’t you use the year end exchange rate to translate a capital gain that accrued over the course of the year?
Thanks in advance,