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Check my work Suppose a U.S. investor wishes to invest in a British firm currently selling for 50 per share. The investor has $12,000 to
Check my work Suppose a U.S. investor wishes to invest in a British firm currently selling for 50 per share. The investor has $12,000 to invest, and the current exchange rate is $2/. Suppose now the investor also sells forward 6,000 at a forward exchange rate of $1.90/. points Calculate the dollar-denominated returns for each scenario. (Round your answers to 2 decimal places. Negative amounts should be indicated by a minus sign.) eBook Print Rate of Return (%) at Given Exchange Rate $1.80/ $2.00/ $2.20/ Exchange Rate: References Price per Share () 48 53 58 : %
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