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A US Investor Makes an Investment in Britain and Earns 14

Question 16

Multiple Choice

A U.S. investor makes an investment in Britain and earns 14% on the investment while the British pound appreciates against the U.S. dollar by 8%. What is the investor's total return?


A) 22.00%
B) 23.12%
C) 6.00%
D) 4.88%

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