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Suppose a U . S . investor wishes to invest in a British firm currently selling for 3 3 per share. The investor has $

Suppose a U.S. investor wishes to invest in a British firm currently selling for 33 per share. The investor has $66,000 to
invest, and the current exchange rate is $2 per .
Suppose now the investor also sells forward 33,000 at a forward exchange rate of $2.05 per .
Calculate the dollar-denominated returns for each scenario.
Note: Round your answers to 2 decimal places. Negative values should be indicated by a minus sign.Suppose a U.S. investor wishes to invest in a British firm currently selling for 33 per share. The investor has $66,000 to invest, and the current exchange rate is $2 per .
Suppose now the investor also sells forward 33,000 at a forward exchange rate of $2.05 per .
Calculate the dollar-denominated returns for each scenario.
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