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Suppose a U.S. investor wishes to invest in a British firm currently selling for £25 per...

Suppose a U.S. investor wishes to invest in a British firm currently selling for £25 per share. The investor has $20,000 to invest, and the current exchange rate is $2/£.

a. How many shares can the investor purchase? (Round your answer to the nearest whole number.)

b. Fill in the table below for dollar-denominated rates of return after one year in each of the nine scenarios (three possible share prices denominated in pounds times three possible exchange rates). (Round your answers to 2 decimal places. Leave no cells blank - be certain to enter "0" wherever required. Negative amounts should be indicated by a minus sign.)

Price per Share (£) Pound-Denominated Return (%) Dollar-Denominated Return (%) for Year-End Exchange Rate
$1.80/£ $2.00/£ $2.20/£
£22 % % % %
£27 % % % %
£32                  %                     %                     %                   %

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