Question: Calculate the dollar rate of return on a 1 0 , 0 0 0 pound sterling deposit in a London bank in a year when

Calculate the dollar rate of return on a 10,000 pound sterling deposit in a London bank in a year when the interest rate on pounds is 5 percent and the dollar/pound exchange rate moves from $1.51 per pound to $1.79 per pound. he rate of return will be ........ percent.

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