a. One year after the start of the savings in Switzerland, the exchange rate was 1.45 Sfr

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a. One year after the start of the savings in Switzerland, the exchange rate was 1.45 Sfr per U.S. dollar. If the investor turned his savings back into dollars, what rate of return did he earn?

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Principles Of Finance With Excel

ISBN: 9780190296384

3rd Edition

Authors: Simon Benninga, Tal Mofkadi

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