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capella234 capella234
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8 months ago
Suppose 6 months ago a British investor bought a 6-month Canadian Treasury bill at a price of $9,708.74, with a maturity value of $10,000. The exchange rate at that time was 1.9516 dollars per pound. Today, at maturity, the exchange rate is 2.0751 dollars per pound. What is the annualized rate of return to the British investor?


▸

–6.26%



▸

–3.13%



▸

6.00%



▸

8.25%

Textbook 
Financial Management: Theory and Practice

Financial Management: Theory and Practice


Edition: 4th
Authors:
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kayekalicokayekalico
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8 months ago
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capella234 Author
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8 months ago
Correct Slight Smile TY
lubennick
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Yesterday
This helped my grade so much Perfect
sweetalia
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2 hours ago
Good timing, thanks!
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