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Suppose a U.S. investor wants to invest in a British firm currently selling for ( mathbf{E} 50 ) per share. The investor has ( $

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Suppose a U.S. investor wants to invest in a British firm currently selling for \\( \\mathbf{E} 50 \\) per share. The investor has \\( \\$ 7,000 \\) to invest, and the current exchange rate is \\( \\$ 1.40 / \\mathcal{E} \\). After 1 year, the exchange rate is \\( \\$ 1.50 / \\mathcal{E} \\) and the share price is 245. How much of your dollar-denominated return is due to the currency change? A. \10 B. \6.43 C. \4.34 D. \2.12

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