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A US investor buys Siemens in Germany for 75 today. After one year she sells it for 74. The spot rate today is $1.32/. What
A US investor buys Siemens in Germany for 75 today. After one year she sells it for 74. The spot rate today is $1.32/. What is the return to the US investor in dollar terms if the spot rate after one year is $1.40/?
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