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Question
An investment in Mexico produces a return of 80%. However, the Mexican peso has just declined by 45%, relative to the dollar. The previous value of the peso was $.0066. The adjusted return on the investment is a(n):A.42% gain.
B.8.5% loss.
C.1.0% loss.
D.None of the above
Answer
This answer is hidden. It contains 2 characters.
Related questions
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Q:
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