leylaanderson1365 leylaanderson1365
  • 21-04-2024
  • Business
contestada

You are an American investor who has found an excellent opportunity to invest in Germany (the German currency is now the Euro). When you made the investment, the Euro/USD exchange rate was $1.14. Your investment did very well and earned 10.3%. At the end of your investment horizon, the exchange rate is now $1.18 Euro/USD. What is your domestic return?

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