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Business, 17.06.2021 01:10 guzal5733

Calculate the real dollar rate of return on a 10,000 pound sterling deposit in a London bank in a year when the interest rate on pounds is 6 ​percent, the​ dollar/pound exchange rate moves from ​$1.31 per pound to ​$1.65 per​ pound, and the dollar prices increase by 9 percent. The real rate of return will be nothing percent ​(Enter your response as a percentage rounded to one decimal place.​)

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