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Problem:

Suppose you are a U.S. investor who is planning to invest $965,000 in Mexico. Your Mexican investment gains 11.8 percent. If the exchange rate moves from 14.0 pesos per dollar to 14.3 pesos per dollar over the period,

Required:

Question: What is your total return on this investment?

Note: Please show how to work it out.

Basic Finance, Finance

  • Category:- Basic Finance
  • Reference No.:- M91163184

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