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34 - You have invested $50,000 in Euro Bonds in June 2019 earning 3% per year. You redeem them 2 years later in June 2021.

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34 - You have invested $50,000 in Euro Bonds in June 2019 earning 3% per year. You redeem them 2 years later in June 2021. Interest earned is not compounded. Given the following information, what was the return on your investment ?. Please give your answer to 2 decimals.: June 2019: $ 1 = 0.89 June 2021: 1 = $ 1.22 Answer: %

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