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Computation of exchange rates
How many euros can you get for $2,500 given the following exchange rates?
Country = Euro
U.S. $Equivalent = 1.0606
Currency per U.S. $ = .9426
a) €2,306
b) €2,357
c) €2,451
d) €2,652
e) €2,675
Find out the variance of returns over this each iod. Find out the standard deviation of returns over this each iod.
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