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4. Emerald Energy is an oil exploration and production company that trades on the London stock market. Over the past year, the stock has gone
4. Emerald Energy is an oil exploration and production company that trades on the London stock market. Over the past year, the stock has gone from 100 per share to 110, but over the same period, the dollar has depreciated 12 percent. Calculate the investor's annual percentage rate of return in terms of the U.S. dollars. A. -1% B. 1% C. -3.2% D. There is not enough information to compute the investor's annual percentage rate of return in terms of the U.S. dollars. E. 3.2%
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