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During the year the price of British gilts government bonds went from £102 to £106 while paying a coupon of £9 At the same time the exchange rate went from What was the

During the year, the price of British gilts (government bonds) went from £102 to £106, while paying a coupon of £9. At the same time, the exchange rate went from £1:$1.76 to £1:$1.62. What was the total dollar return, in percent, on gilts for the year?

Apr 01 2020 View more View Less

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