You live in Guatemala where the currency is the quetzal (Q).

| September 10, 2016

Question
You live in Guatemala where the currency is the quetzal (Q). You buy shares of General Electric at a price of $36.00. Within the investment period, you’ve received dividends of $0.72 and at year-end the share price is $33.5. The spot rate changed from $0.13/Q to $0.15/Q within this year. What is your quetzal return on an investment in shares of General Electric?

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