If a U.S. resident just sold his portfolio in the British market and realised a 15% return

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If a U.S. resident just sold his portfolio in the British market and realised a 15% return (in GBP) during a period when the USD depreciated 5% against GBP, what is the investor's realised return in USD?

Related Book For answer-question

Fundamentals of Investing

ISBN: 978-0133075359

12th edition

Authors: Scott B. Smart, Lawrence J. Gitman, Michael D. Joehnk

Posted Date: Oct 16, 2020 05:20 PM

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If a U.S. resident just sold his portfolio in the British market and realised a 15% return

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Realised return in USD is 2075 Stepbystep e... View the full answer

Fundamentals of Investing

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