7. Jigger Statz, a U.S. investor, owns a portfolio ofArgentinean securities that earned a return of 14.0%

Question:

7. Jigger Statz, a U.S. investor, owns a portfolio ofArgentinean securities that earned a return of 14.0% last year, measured in U.S. dollars. If the portfolio also earned 19.7% measured in Argentinean pesos, what must have been the currency return inJigger's portfolio?

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