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19.8 Suppose that an asset, A, earns 16 percent in the United States over the period of one year. If the cost of a dollar

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19.8 Suppose that an asset, A, earns 16 percent in the United States over the period of one year. If the cost of a dollar to a resident of the European Union goes from 0.7064/5 at the beginning of the year to 0.7182/8 at the end of the year, what is the euro return on the U.S. asset

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