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Suppose a U.S. Investor wishes to invest in a British firm currently selling for 40 per share. The Investor has $12,000 to invest, and the

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Suppose a U.S. Investor wishes to invest in a British firm currently selling for 40 per share. The Investor has $12,000 to invest, and the current exchange rate is $2/. Suppose now the investor also sells forward 6,000 at a forward exchange rate of $1.90/E. Calculate the dollar-denominated returns for each scenario. (Round your answers to 2 decimal places. Negative amounts should be Indicated by a minus sign.) Price per Share (E) 36 41 46 Exchange Rate: Rate of Return (%) at Given Exchange Rate $1.80/E $2.00/2 $2.20 % % % % % % % 1% %

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