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Suppose a U.S. investor wishes to invest in a British firm currently selling for 30 per share. The investor has $14,400 to invest, and the

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Suppose a U.S. investor wishes to invest in a British firm currently selling for 30 per share. The investor has $14,400 to invest, and the current exchange rate is $2/E Suppose now the investor also sells forward 7,200 at a forward exchange rate of $2.05/S. 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 () Exchange Rate: Rate of Return (%) at Given Exchange Rate $1.80/E $2.00/E $2.20/E 21 26 31

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