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HELP PLEASE An investor buys the stock of ABC company for $105 (hong kong dollars). ABC is located in Hong Kong and Trades on the
HELP PLEASE
An investor buys the stock of ABC company for $105 (hong kong dollars). ABC is located in Hong Kong and Trades on the Hong Kong stock exchange. He holds it one year during which the stock paid a dividend of 4HK doltars. He then sells the stock for 100HK dollars. If the Hong Kong dollar appreciated by 12% over the year, what was the total U.S, dollar return on the stock the investor earned? Please ) answer as a proportion (i.e., enter a return of 15% as . 15 for your answer) Step by Step Solution
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