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Compute the effective return to a US investor who purchased the FTSE Index during the year when the index gained 9.5% and given that the
Compute the effective return to a US investor who purchased the FTSE Index during the year when the index gained 9.5% and given that the dollar price of the pound ($/) was $1.3353 at the beginning of the year and $1.4021 at the end of the year. 14.5% 14.98% O 9.5% O 4.28% O 14%
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