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A US investor invests converts dollars into a foreign currency and invests the funds overseas. Her investment falls 6% and the overseas currency weakens 6%
A US investor invests converts dollars into a foreign currency and invests the funds overseas. Her investment falls 6% and the overseas currency weakens 6% against the dollar. The overall US dollar return to this investor will be closest to 0 A-0.4% ? ?.-12.0% C.-11.6% 0 D. 0.0%
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