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Assume a British investor takes a 1 0 0 , 0 0 0 at the beginning of the year when the FX rate is $
Assume a British investor takes a at the beginning of the year when the FX rate is $ and buys shares in Netflix stock traded on NASDAQ. The investor purchases Netflix shares valued at $ per share.
If at the end of months the investor sells the shares at $ per share and now the exchange rate is $ What is the $ return for the British investor given the above information?
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