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Calculate the rate of return on this investment

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Question - Mr. Justin Z. Mier, is an international investor, just sold a share of Nestle, a Swiss firm for SFS5,100. He bought the share for SF4,500 a year ago. The exchange rate is SF1.65/US$ now and was SF1.80/US$ a year ago. Mr. Justin received SF140 as a cash dividend immediately before the share was sold. Calculate the rate of return on this investment in term of US dollar.

Reference no: EM133020501

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