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Mindy invested $ 3 , 5 0 0 USD and purchased 1 0 0 shares of a German corporation when the exchange rate was $
Mindy invested $USD and purchased shares of a German corporation when the exchange rate was $ euro.
Two years later she sold all of the shares for euros. The exchange rate was $ euro when she converted back to USD.
No dividends were paid during the time she owned the stock. What is the amount of Mindy's gain or loss on this investment in rounded US dollars
Question options:
$ gain
$ gain
$ gain
$ loss'
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