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Calculate the euro-based return an Italian investor would have realized by investing 10,000 into a...

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Finance

Calculate the euro-based return an Italian investor would have realized by investing 10,000 into a 50 British stock. The stock pays a 0.30 quarterly dividend, and after one year the investment sells for 55.20. The exchange rate has changed from 1.25 per pound to 1.30 per pound.

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