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If an Australian based investor purchases a Euro - denominated Exchange Traded Fund ( ETF ) and the Euro subsequently appreciates in value relative to

If an Australian based investor purchases a Euro-denominated Exchange Traded Fund (ETF) and the Euro subsequently appreciates in value relative to the Australian dollar, the Australian dollar retum will have a total return that is: A. The same as the ETF's total return B. Lower than the ETF's total returnO C. Higher than the ETF's total return

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