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An investor starts with 1 million and converts them to 694,500 which is then invested for one year. In a year the investor has 736,170
An investor starts with 1 million and converts them to 694,500 which is then invested for one year. In a year the investor has 736,170 which she then converts back to euros at an exchange rate of 0.68 pounds per euro. The annual euro rate of return earned was .0775 .06 .0826 .0813
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