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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 $20,000 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 $20,000 to invest, and the current exchange rate is $2/. a. How many shares can the investor purchase? (Round your answer to the nearest whole number.) Number of shares b. Fill in the table below for dollar-denominated rates of return after one year in each of the nine scenarios (three possible share prices denominated in pounds times three possible exchange rates). (Round your answers to 2 decimal places. Leave no cells blank - be certain to enter "O" wherever required. Negative amounts should be indicated by a minus sign.) Price per Share () Pound-Denominated Return (%) f 33 % Dollar-Denominated Return (%) for Year-End Exchange Rate $1.60/ $2.00/ $2.40/ % % % % % % % % % f 38 % f 43 %

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