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Calculate the euro-based return an Italian investor would have realized by investing 10,000 into a 50 British stock. The stock pays a 0.30 quarterly dividend,

Calculate the euro-based return an Italian investor would have realized by investing 10,000 into a 50 British stock. The stock pays a 0.30 quarterly dividend, and after one year the investment sells for 54.

T = 0 T = 1
Euro 1.60 1.60
Pound 2.00 2.08

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