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Question
Assume you invest in the European Equity Market and have a 15% return (quoted in Euros).a) If during this period the euro appreciated by 10% against the dollar, what would be your actual return, translated into United States dollars?
b) What if the euro declined by 10% against the dollar, what would your actual return be, translated into dollars?
c) Recompute the answer based on a 15% decline in the euro against the dollar.
Answer
This answer is hidden. It contains 425 characters.
Related questions
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