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$($C$)$

iClicker

Calculate the US dollar$-$denominated percentage return for an investor who one

year ago starts with $$10,000,$ converts to British pounds at $$\frac{1\mathrm{.}24}{}$ buys shares

of British Petroleum at $475\mathrm{.}25$ per share. He sells today at $451\mathrm{.}00$ per share

and converts to USD at $$1\mathrm{.}27/$