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Question 8 (10 points) The stock price of the French company Leroy Merlin is 44 euro (EUR) per share. If the exchange rate is $1.2

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Question 8 (10 points) The stock price of the French company Leroy Merlin is 44 euro (EUR) per share. If the exchange rate is $1.2 per euro, what should be the price of an American depository receipt representing 31 shares of Leroy Merlin stock (in \$)

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