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Intro BP trades on London Stock Exchange. Assume that when purchased by an international investor the stock's price and the exchange rate were 53 and
Intro BP trades on London Stock Exchange. Assume that when purchased by an international investor the stock's price and the exchange rate were 53 and $1.51/1.00 respectively. At selling time, one year after the purchase date, they were 59 and $1.61/1.00. * Attempt 1/10 for 10 pts. Part 1 The investor's annual rate of return in terms of the US dollars is % 1+ decimals Submit
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