Calculate and evaluate what would be the rate of return

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You are an American investor holding German stocks. Over the month, the value of your stock portfolio goes from €5 million to €5.2 million. The exchange rates move from $1 per euro to $0.98 per euro.

Problem (a) Calculate and evaluate what would be the rate of return? What is your rate of return in euros? (Show your calculations)

Problem (b) What is your rate of return in dollars? (Show your calculations)

Reference no: EM132983198

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