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Business, 24.03.2020 06:28 Calliedevore

You have an opportunity to invest in Australia at an interest rate of 8%. Moreover, you expect the Australian dollar (A$) to appreciate by 2%. Your effective return from this investment is .

A. 8.00%
B. 6.00%
C. 10.16%
D. 5.88%
E. 10%

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