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A French investor likes playing the stock market in London; Calculate his hypothetical return based on Euros by investing 10,000 into a 50 British stock.
A French investor likes playing the stock market in London; Calculate his hypothetical return based on Euros by investing 10,000 into a 50 British stock. One year after investment, the stock pays a 1 dividend and sells for 54, the exchange rate changed from 1.25 per pound to 1.40 per pound. Add 5.7% to the return.
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