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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Related Book For
Principles Of Finance With Excel
ISBN: 9780190296384
3rd Edition
Authors: Simon Benninga, Tal Mofkadi
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