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Suppose you are a Euro based investor who bought a share of Apple at $300 when the USD/Euro exchange rate was $1.20/Euro. You sell your
Suppose you are a Euro based investor who bought a share of Apple at $300 when the USD/Euro exchange rate was $1.20/Euro. You sell your share when Apple is worth $350 and the exchange rate is $1.10/Euro. If you measured your return as if you were an American, what is you % return?
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