You purchased British Securities for 2 , 0 0 0 pounds one year ago when the British

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Question:

You purchased British Securities for

2, 000

pounds one year ago when the British pound cost $

1.50 .

No dividends were paid in the last year. What would be the

%

return based on U

.

.

Dollars if the value of the securities is now

2, 400

pounds and the pound is worth $

1.70 ?

Posted Date: May 18, 2024 09:07 PM

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You purchased British Securities for 2 , 0 0 0 pounds one year ago when the British

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