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Compute the rate of return on this investment

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Question - Mr. James K. Silber, an avid international investor, just sold shares of Nestlé, a Swiss firm, for SF7,364. The shares were bought for SF5,489 a year ago. The USD/CHF rate is SF0.948 now and was 0.99 a year ago. Mr. Silber received SF163 as a cash dividend immediately before the shares were sold. Compute the rate of return on this investment in terms of U.S. dollars.

Reference no: EM133043146

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