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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 10,000 into a $50 Australian share. The Australian share pays a $1 dividend, sells for $54 today, and the exchange rate has been changed from 0.625/$ to 0.6875/$, although Ben sold $17,600 forward at the forward rate of 0.65 per dollar.
Calculate the euro-based return Ben would have realised

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