Suppose you invest US$100,000 in an Australian equity at a beginning exchange rate of 0.80AU$/US$ (1 US$=

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Suppose you invest US$100,000 in an Australian equity at a beginning exchange rate of 0.80AU$/US$ (1 US$= 0.80AU$). Your investment earns 10%, and the ending exchange rate is 0.85AU$/US$.

What is the total return?

Related Book For answer-question

Income Tax Fundamentals 2013

ISBN: 9781285586618

31st Edition

Authors: Gerald E. Whittenburg, Martha Altus Buller, Steven L Gill

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Posted Date: Sep 16, 2023 03:01 AM

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Suppose you invest US$100,000 in an Australian equity at a beginning exchange rate of 0.80AU$/US$ (1 US$=

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Income Tax Fundamentals 2013

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