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Emerald Energy is an oil exploration and production company that trades on the London stock market. Over the past year, the stock has gone from
Emerald Energy is an oil exploration and production company that trades on the London stock market. Over the past year, the stock has gone from 60 per share to 66, but over the same period, the dollar has appreciated ten percent. Calculate the investor's annual percentage rate of return in terms of the U.S. dollars.
A. | There is not enough information to compute the investor's annual percentage rate of return in terms of the U.S. dollars.
| |
B. | 3.5 percent | |
C. | 1 percent | |
D. | 0,5 perc |
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