One year ago you bought 100 shares of a British company at a price of...
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Finance
One year ago you bought 100 shares of a British company at a price of 10 per share, by converting your US$ when the exchange rate was 1 = $2. Now the share price has descreased to 9 per share, but the exchange rate has changed to 1 = $2.2. If you decide to sell your shares and convert the proceeds back into US$, how much would you have gained or lost in percentage terms?
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