b. Suppose an Irish resident sold shares in a US firm. The return on the US firm was 20% (in US dollars) and the US dollar depreciated by 6% over the...
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b. Suppose an Irish resident said shares in a US firm. The return an the US firm was 20% (in US dollars) and the US dollar depreciated by 6% ever the same
time period. What is the retum on this investment in Euros? {5 marks)

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