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Question
You invest $60,000 in Germany when the exchange rate is $1.41/
. Your investment gains 12%, and you subsequently exchange the euros back into dollars at a rate of $1.49/. What is your total percentage return on this investment?
A. 17.48%
B. 17.89%
C. 18.10%
D. 18.35%
E. 18.85%
Answer
This answer is hidden. It contains 108 characters.
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