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Use the following information to answer questions 22 and 23 AUS investor invested $ 1 million in shares of a UK firm Asda, on January
Use the following information to answer questions 22 and 23 AUS investor invested $ 1 million in shares of a UK firm Asda, on January 1, 2004. The price per Asda share at that time was 25 Pounds and the exchange rate at that time was $1.6 per Pound. On January 1, 2005, the price per Asda share was 35 Pounds and the exchange rate was $1.2 per Pound. What is the rate of return in dollar terms for the U.S. Investor for this 1 year period? -10% 10% 15% 20% 595 Question 23 1 pts Use the following information to answer questions 22 and 23 AUS investor invested $ 1 million in shares of a U.K. firmAsda, on January 1, 2004. The price per Asda share at that time was 25 Pounds and the exchange rate at that time was $1.6 per Pound. On January 1, 2005, the price per Asda share was 35 Pounds and the exchange rate was $1.2 per Pound What was the contribution of exchange rate movement to the rate of return in dollar terms? -25% -33.3% 25% 33.3%
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