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The FTSE 100 (London Stock Exchange index) has risen 3.7% over the last month. At the same time, the Pounds has appreciated/depreciated 15.4%. What was

The FTSE 100 (London Stock Exchange index) has risen 3.7% over the last month. At the same time, the Pounds has appreciated/depreciated 15.4%. What was the return to a U.S. investor of an FTSE 100-mimicking ETF?

Provide your answer in percent, rounded to two decimals, omitting the % sign.

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