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You invested three thousand US dollars and purchased shares of a German corporation when the exchange rate was US1.00 = 0.68 euro. No dividends were
You invested three thousand US dollars and purchased shares of a German corporation when the exchange rate was US1.00 = 0.68 euro. No dividends were paid during the time you owned the shares of stock. What is the amount of gain or loss on this investment in US dollars?
$1,000.00
$2,458.82
$273.11
none of the given answers is correct
$892.00 Loss
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