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Now, alternatively, let us assume that the British pound's value went up to $1.60 / 1. In this case, what would happen to Bronze Star's
Now, alternatively, let us assume that the British pound's value went up to $1.60 / 1. In this case, what would happen to Bronze Star's investment to Manx Corp.? Specifically, would Bronze Star's investment result in a net gain or net loss given that Bronze Star Investment, a U.S.-based firm, would ultimately need to convert its investments into dollars? What would be the percentage return? Bronze Star's investment would result in a net gain, and the percentage of return is 21.00%. Bronze Star's investment would result in a net loss, and the percentage of return is -3.20%. Bronze Star's investment would result in a net gain, and the percentage of return is 29.07%. Bronze Star's investment would result n a net loss, and the percentage of return is -19.73%
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