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You are a U.S.-based investor who bought Stock Equis in Mexico by converting USD to Mexican pesos. During your holding period, the stock was up
You are a U.S.-based investor who bought Stock Equis in Mexico by converting USD to Mexican pesos. During your holding period, the stock was up 20% and the peso weakened against the USD by 10%. What was your total return in U.S. dollar terms? 30% 20% 12% O 8% O
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