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An investor in England purchased a U.S. Treasury bill for $960. At that time, the exchange rate was 0.75 = $1. At maturity, the exchange
An investor in England purchased a U.S. Treasury bill for $960. At that time, the exchange rate was 0.75 = $1. At maturity, the exchange rate was $1.50 per one pound (). What was the investor's holding period return in pounds? O A. 17.19% B. 7.41% OC. -7.41% D. 10.45% E. 17.19% OF. -47.92% G. -8.33% H. 8.33%
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