Essay
John Crossborder buys 1 share of Telmex at 140 pesos when the value of the peso is stated in dollars at $0.35. One year later, Telmex is selling for 155 pesos and paid a dividend of 5 pesos at yearend. If after one year the value of pesos is $0.29, what is John's return in U.S. dollars?
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