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Given the Opening Price of a British Stock Is \le 50 a Share with a Spot Rate Of

Question 63

Multiple Choice

Given the opening price of a British stock is \le 50 a share with a spot rate of \le 0.5/$, what will be the real return rate if the ending price becomes \le 40 with an ending spot rate at \le 0.4/$?


A) -36%
B) -20%
C) 80%
D) Zero
E) 64%

Correct Answer:

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