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You Live in New York and Buy a Share of Phillips

Question 30

Multiple Choice

You live in New York and buy a share of Phillips at a price of 166 euros. At the end of the year, you receive a dividend of 4 euros and the stock price is 160 euros. If the euro appreciates by 8% during the year, what was your percentage return in dollars for the year?


A) -10%
B) -1%
C) +7%
D) +9%
E) +11%

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