Calculate the euro-based return an Italian investor would have realized by investing €10,000 into a £50 British stock using 50% margin.One year after investment,the stock pays a £1 dividend,and sells for £54.The interest on the margin loan is 1% per year.The margin loan was denominated in pounds.
Spot exchange rates at the start and end of the year are shown in the table. 
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Videoconferencing
The holding of a conference among people at different sites by using computer networks to transmit audio and video data.
Simultaneously
Occurring, operating, or done at the same time; actions or processes that run in parallel.
Virtual Worlds
Computer-simulated environments where users can interact with each other and create digital personas or objects through the internet.
Second Life
A virtual world where users can create, connect, and chat with others from around the world using voice and text.
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