Question: Use your solution to the following problem to answer questions. A British investor sold U.S. stocks she bought one year ago. She had invested 75,000

 Use your solution to the following problem to answer questions. A

Use your solution to the following problem to answer questions. A British investor sold U.S. stocks she bought one year ago. She had invested 75,000 to buy the shares for $50 per share and sold the shares for $65 per share. The exchange rate was $/ = 1.3353 at the beginning and $/ 1.4354 at the end of the period. The percentage effective return to the British investor in pound terms is given by: O 30% 0 25.15% 39.75% 20.93%

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