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The dollar per euro spot rate was 1 . 0 5 when Melissa purchased $ 1 , 0 0 0 worth of German stocks. The

The dollar per euro spot rate was 1.05 when Melissa purchased $1,000 worth of German
stocks. The current exchange is 1.07 dollar per euro. What is her return in dollars if the
German stocks had a 3.5% return in euros?
A)5.5%
B)5.6%
C)5.7%
D)5.8%
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