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Required: Suppose a U.S. Investor wishes to invest in a British firm currently selling for 90 per share. The investor has $36,000 to Also, consider

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Required: Suppose a U.S. Investor wishes to invest in a British firm currently selling for 90 per share. The investor has $36,000 to Also, consider three possible exchange rates at $1.80/,$2/E, and $2.20/E after 1 year. Calculate the standard deviation of both the pound-and dollar-denominategy rates of return if each of the nine outcomes (three possible prices per share in pounds times three possible exchange fates) is equally likely. (Do not round Intermediate calculations. Round your percentage answers to 2 decimal places.)

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