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Business, 03.12.2019 06:31 dondre54

You are a singapore-based investor. you invest sgd100,000 in gm. the gm share price is $35 and the exchange rate is sgd1.42/usd. five months later you sell the gm stock at a price of $38, when the exchange rate is sgd1.35/usd.

what is your annualized rate of return measured in sgd?

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