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Suppose a U . S . investor wishes to invest in a British firm currently selling for 1 0 0 per share. The investor has
Suppose a US investor wishes to invest in a British firm currently selling for per share. The investor has $ to invest, and
the current exchange rate is $
Suppose now the investor also sells forward at a forward exchange rate of $
Required:
a Calculate the dollardenominated returns for each scenario. Round your percentage answers to decimal places. Negative
amounts should be indicated by a minus sign.
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