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Question
You are planning to invest $150,000 in Hong Kong. If your Hong Kong investment gains 7.5 percent while the exchange rate moves from 7.75 Hong Kong dollars (HK$) per U.S. dollar to 7.70 per dollar over the period, what is your total return on this investment?A. 6.8%
B. 7.1%
C. 7.6%
D. 8.2%
E. 8.4%
Answer
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