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Assume you analyzed Bayer AG in Germany today and you find its stocks to be highly undervalued at the current price of 48.10; hence, you

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Assume you analyzed Bayer AG in Germany today and you find its stocks to be highly undervalued at the current price of 48.10; hence, you buy stocks at the current exchange rate of $1.21/ at the German stock exchange. Further assume the stock price increases to 60 by next year and that the USD strengthens to $1.17/ over the same period. What is your expected percent return as a U.S investor? none of the answers is correct 29.00% 20.62% O-3.31% 24.74%

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