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anthonyaooo anthonyaooo
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2 years ago
Annika bought euro denominated bonds when the exchange rate was .909 euro to the dollar.  She paid $11,881 for the bonds.  At the end of the year, the bonds were worth 10,600 euro; she received 400 euro in interest and the exchange rate was .921 euro to the dollar.  What was her holding period return in U.S. dollars?

▸ -0.74%

▸ 1.85%

▸ 0.53%

▸ 5.30%
Textbook 
Fundamentals of Investing

Fundamentals of Investing


Edition: 14th
Authors:
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ordinarykathyordinarykathy
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2 years ago
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