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Business, 27.03.2020 01:48 mooncake9090

Calculate the dollar rate of return on a 10,000 pound sterling deposit in a London bank in a year when the interest rate on pounds is 5 percent and the dollar/pound exchange rate moves from $1.65 per pound to $1.51 per pound.

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Calculate the dollar rate of return on a 10,000 pound sterling deposit in a London bank in a year wh...
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