Calculate the euro-based return an Italian investor would have realized by investing €10,000 into a $50 American stock. One year after investment, the stock pays a $1 dividend, and sells for $54 the exchange rate has changed from €.625 per dollar to €.6875 per dollar, although he sold $16,000 forward at the forward rate of €.65 per dollar.

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The Answer of Calculate the euro-based return an Italian investor would have realized by investing €10,000 into a $50 American stock. One year after investment, the stock pays a $1 dividend, and sells for $54 the exchange rate has changed from €.625 per dollar to €.6875 per dollar, although he sold $16,000 forward at the forward rate of €.65 per dollar.

Calculate the Euro-Based Return an Italian Investor Would Have Realized