What is the dollar rate of return on a 10000 pound deposit


What is the dollar rate of return on a 10,000 pound deposit held in a British bank for a year when the British interest rate (annual) is 10 percent, and the exchange rate is $1.50 per pound at the beginning of the year, and is $1.38 per pound at the end of the year.

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Econometrics: What is the dollar rate of return on a 10000 pound deposit
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