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Suppose you invest into a common stock in Italy. Assume that the stock pays annual dividends of Euros 7, the initial stock price is Euros
Suppose you invest into a common stock in Italy. Assume that the stock pays annual dividends of Euros 7, the initial stock price is Euros 168.00, the end of period stock price is (sold at) Euros 201.60, and the Euro depreciates 9% against the dollar during the period. What should be this common stock's total dollar return during the period (approximately)?
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26.42%
none of the answers is correct
12.99%
14.44%
19.62%
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