Euro-based investors b using the same data-but assume an


Question: Bastion Technology: Euro-Based Investors (B). Using the same data-but assume an exchange rate which began at €1.4844/£ in June 2008, and then consistently appreciated versus the euro 1.50% per year for the entire period. Calculate the annual average total return (including dividends) to a euro-based investor holding the shares for the entire period shown. What is the average return, including dividend distributions, to a euro-based investor for the period shown?

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Accounting Basics: Euro-based investors b using the same data-but assume an
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