How many stocks can he buy

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A British investor decides to buy the Orange stock for an amount of 10 Million GBP. The EUR/GBP trades at 0,8637 and the Orange stock at 14 Euros.

1. How many stocks can he buy?

2. Calculate the P&L in GBP after 6 months if Orange trades at 15,4 Euros and the EUR/GBP at 0,7851.

Reference no: EM133070756

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