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QUESTION 4 A British investor buys a stock listed on the NYSE at the beginning...

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QUESTION 4 A British investor buys a stock listed on the NYSE at the beginning of the year for $60. At the end of the year, the investor sold the stock at $63. At the beginning of the year, the $/pound exchange rate was 1 pound - 51.2. At the end of the year, the exchange rate was 1 pound = 51.3 If the investor converted pounds to dollars at the beginning of the year to buy the stock and then converted her dollar proceeds to pounds at the end of the year after she sold the stock, what was her overall pound denominated return? 5.00% 0.12.09% -3.08% 0 -7.69% 13.75% QUESTIONS You entered into a short position on a CME futures contract on 125,000 euros at the day's opening price of 51.100 per euro. Your initia margin was $6,500 and your maintenance margin is $4.500 At what settle price will you get a margin call? $1.080 per euro $1.084 per euro $1,088 per euro $1.116 per euro $1.120 per euro MacBook Pro OOD 31 20 GOD 73 3 FI FZ > N # 3 ! 1 $ 4 % 5 & 7 * O 6 9 c R T Y E T W

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