Business
Business, 15.06.2021 18:30, bnbjj

Calculate the dollar rate of return on a 10,000 pound sterling deposit in a London bank in a year when the interest rate on pounds is 6 percent and the​ dollar/pound exchange rate moves from ​$1.46 per pound to ​$1.77 per pound. The rate of return will be nothing percent ​(Enter your response as a percentage rounded to one decimal place.​)

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