Business, 15.04.2020 20:04, Amyra2003

BierCo is a beer company based in Germany. You purchased the stock in 2011 for 100 Euros when the exchange rate was 1.4 EUR/ USD. Today BierCo's price is 120 Euros and the exhange rate is 1.12 EUR/USD. What is the dollar-denominated total return? Express in decimal total return format (i. e., 0.01 represents 1%).

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BierCo is a beer company based in Germany. You purchased the stock in 2011 for 100 Euros when the ex...