Ann purchased stock in a German firm at a price per share of 101.28 euros when the US $/euro exchange rate was $1. After six months, Ann sold the…

1. Ann purchased stock in a German firm at a price per share of 101.28 euros when the US $/euro exchange rate was $1.023. After six months, Ann sold the stock for 103.40 euros when the US $/euro exchange rate was $0.987. The stock does not pay a dividend. What is Ann’s rate of return on this investment? (Points : 10) -1.5%1.5%-5.8%5.8%

Question: Ann purchased stock in a German firm at a price per share of 101.28 euros when the US $/euro exchange ratewas $1.023. After six months, Ann sold the stock for 103.40 euros when the US…

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