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Suppose a U . S investor wishes to invest in a British firm currently selling for 4 0 per share. The investor has $ 5

Suppose a U.S investor wishes to invest in a British firm currently selling for 40 per
share. The investor has $5,000 to invest and the current exchange rate is $1.15.
After one year, the exchange rate is unchanged and the share price is 38. What is the
dollar-denominated return?
A)-3%
B)-4%
C)-5%
D)-6%
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