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A German investor buys 10 shares of Tesla stock at the price of $1000 when the exchange rate is 1.25 USD = 1 Euro. How

A German investor buys 10 shares of Tesla stock at the price of $1000 when the exchange rate is 1.25 USD = 1 Euro. How much did he pay in terms of euros for these shares?

1)12,500 euros

2) 8000 euros

3) 8750 euros

4) 11,500 euros

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