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Q5): Answer the following questions: (5 Marks) 1. Suppose a U.S. investor wants to invest in a British firm currently selling for 50 per share.

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Q5): Answer the following questions: (5 Marks) 1. Suppose a U.S. investor wants to invest in a British firm currently selling for 50 per share. The investor has $7,000 to invest, and the current exchange rate is $1.40/. How many shares can the investor purchase? (2 marks) Answer: Q5): Answer the following questions: (5 Marks) 1. Suppose a U.S. investor wants to invest in a British firm currently selling for 50 per share. The investor has $7,000 to invest, and the current exchange rate is $1.40/. How many shares can the investor purchase? (2 marks)

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