Calculate the euro-based return an Italian investor would have realized by investing €10,000 into a £50 British stock using 50% margin. One year after investment, the stock pays a £1 dividend, and sells for £54. The interest on the margin loan is 1% per year. The margin loan was denominated in pounds.
Spot exchange rates at the start and end of the year are shown in the table.

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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 British stock using 50% margin. One year after investment, the stock pays a £1 dividend, and sells for £54. The interest on the margin loan is 1% per year. The margin loan was denominated in pounds.
Spot exchange rates at the start and end of the year are shown in the table.

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