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3 Problem 25-5 10 points Suppose a U.S. investor wishes to invest in a British firm currently selling for 33 per share. The investor has
3 Problem 25-5 10 points Suppose a U.S. investor wishes to invest in a British firm currently selling for 33 per share. The investor has $66,000 to invest, and the current exchange rate is $2/. Skipped Suppose now the investor also sells forward 33,000 at a forward exchange rate of $2.05/. Calculate the dollar-denominated returns for each scenario. (Round your answers to 2 decimal places. Negative amounts should be indicated by a minus sign.) eBook Print References Price per Share () Exchange Rate: Rate of Return (%) at Given Exchange Rate $1.80/ $2.00/ $2.20/ % % % % 31 % 36 % % 41 % %
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