Business
Business, 01.12.2021 03:20, loganferg5499

You have found an attractive stock listed on the Mexican Bolsa (the Mexican Stock Exchange). You decide to invest $25,000. The investment does well, earning 15 percent in one year. During the year, the exchange rate goes from 12.05 pesos per dollar to 11.78 pesos per dollar. What is your dollar-denominated return on this investment

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