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Business, 15.04.2020 22:05 journeywalker19
Calculate the real dollar rate of return on a 5 comma 0005,000 pound sterling deposit in a London bank in a year when the interest rate on pounds is 88 percent, the dollar/pound exchange rate moves from $1.431.43 per pound to $1.471.47 per pound, and the dollar prices increase by 44 percent.
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