Identify the component of return

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Reference no: EM131508163

Assume that the exchange rate of Euros to dollars was $0.79 at the beginning of the year and $0.91 at the end of the year. Over the same period the return of German stocks was 15%. What would the net return be for a U.S investor over the year? Identify the component of return.

Reference no: EM131508163

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