You are a U.S. investor who invested $420,000 in India five years ago. Assume that your investment
Question:
You are a U.S. investor who invested $420,000 in India five years ago. Assume that your investment gained 7 percent per year. If the exchange rate moved from 70.1 rupees per dollar to 72.4 rupees per dollar over the five-year period, what was your total return on this investment?
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Related Book For 
Fundamentals Of Investments Valuation And Management
ISBN: 9781266824012
10th Edition
Authors: Bradford Jordan, Thomas Miller, Steve Dolvin
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