Suppose that you​ buy, and one year later​ sell, a foreign​ (British) bondLOADING. Under the following​ circumstances: When you buy the bond the exchange rate is ​$1. 50 ​= pound1. You pay pound45 ​($67. 50​) for the British bond. You sell the bond for pound50. No interest payment was expected or received. When you sell the​ bond, the exchange rate is​ $1. 80 ​= pound1