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Below are bid - ask data on the German stock index ( in local currency ) , as well as the $ / exchange rates
Below are bidask data on the German stock index in local currency as well as the $ exchange rates for and
German Stock Index
Bid Ask
Bid Ask
Exchange Rate
$
$
Natalie Kay, a dollarbased investor living in Pennsylvania, purchased shares in the German Stock Index on and sold them on What was Natalie's return on this investment during the year?
a
b
C
d None of the above.
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