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no answer selected The following information is the same for Questions 9 and 10. Suppose you are a Swedish investor who just sold Amazon shares
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The following information is the same for Questions 9 and 10. Suppose you are a Swedish investor who just sold Amazon shares you bought a year ago. You had invested 100,000 Swedish kronas (SEK) to buy Amazon shares for $95 per share; the exchange rate was $0.093 per Swedish krona. Today. you sold the stock for $145 per share and converted the dollar proceeds into Swedish kronas at the current exchange rate of $0.098 per Swedish krona. How much of the total return is due solely to the exchange rate movement? .5.38% 5.38% .5 .10 5.1% Question 10 2 pts The following information is the same for Questions 9 and 10. Suppose you are a Swedish investor who just sold Amazon shares you bought a year ago. You had invested 100,000 Swedish kronas (SEK) to buy Amazon shares for $95 per share; the exchange rate was $0.093 per Swedish krona. Today. you sold the stock for $145 per share and converted the dollar proceeds into Swedish kronas at the current exchange rate of $0.098 per Swedish krona. What is the total rate of return on this investment in SEK terms? 60.41% 23.81% A4.85\% 56.75% Step by Step Solution
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