How to convert the euro proceeds into dollars

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Suppose a year ago you invested in the stock of Dutch company, Nethercom, Inc. At that time you paid 50 euro per share of stock. Over the past year the stock increased in value by 20% and at the same it paid 2.5 euro per share. But over the same period the spot rate of euro went down from $1.35 to $1.25. If you sold your stock today and convert the euro proceeds into dollars, what would be your rate of return?

Reference no: EM13219209

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