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Suppose a U.S. investor wants to invest in a British firm currently selling for 50 per share. The investor has $7,000 to invest, and the

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Suppose a U.S. investor wants to invest in a British firm currently selling for 50 per share. The investor has $7,000 to invest, and the current exchange rate is $1.40. After 1 year, the exchange rate is $1.50/ and the share price is 45. How much of your dollar-denominated return is due to the currency change? A. 2.12% B. 6.43% C. 4.34% D. 10%

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