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A year ago, Ben invested 1 0 , 0 0 0 into a $ 5 0 Australian share. The Australian share pays a $ 1
A year ago, Ben invested into a $ Australian share. The Australian share pays a $ dividend, sells for $ today, and the exchange rate has been changed from $ to $ although Ben sold $ forward at the forward rate of per dollar.
Calculate the eurobased return Ben would have realised
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