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You invest $50,000 in a German company when the exchange rate is $1.42/. Your German investment gains 15%, and you subsequently exchange the euros back
You invest $50,000 in a German company when the exchange rate is $1.42/. Your German investment gains 15%, and you subsequently exchange the euros back into dollars at a rate of $1.48/. What is your total percentage return on this investment? \% two decimal point. If your answer is 0.1234, you must enter 12.34
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Personal Finance For Dummies
Authors: Eric Tyson
9th Edition
1119517893, 978-1119517894
