Assume you invest in the European Equity Market and have a 15% return (quoted in Euros).
a)If during this period the euro appreciated by 10% against the dollar,what would be your actual return,translated into United States dollars?
b)What if the euro declined by 10% against the dollar,what would your actual return be,translated into dollars?
c)Recompute the answer based on a 15% decline in the euro against the dollar.

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The Answer of Assume you invest in the European Equity Market and have a 15% return (quoted in Euros).
a)If during this period the euro appreciated by 10% against the dollar,what would be your actual return,translated into United States dollars?
b)What if the euro declined by 10% against the dollar,what would your actual return be,translated into dollars?
c)Recompute the answer based on a 15% decline in the euro against the dollar.

Assume You Invest in the European Equity Market and Have