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Question
You invest $150,000 in Germany when the exchange rate is $1.25/
. Your investment gains 10%, and you subsequently exchange the euros back into dollars at a rate of $1.20/. What is your total percentage return on this investment?
A. 4.48%
B. 4.89%
C. 5.10%
D. 5.35%
E. 5.60%
Answer
This answer is hidden. It contains 98 characters.
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