Question: CORRECT ANSWER IS THERE. JUST NEED HELP ON HOW TO GET THE ANSWER. THANK YOU Use the following information to answer questions 19-21. A U.K.

 CORRECT ANSWER IS THERE. JUST NEED HELP ON HOW TO GET

CORRECT ANSWER IS THERE. JUST NEED HELP ON HOW TO GET THE ANSWER.

THANK YOU

Use the following information to answer questions 19-21. A U.K. investor invested Pounds 1 million in shares of a U.S. firm, IBM, on January 1, 2018. The price per IBM share at that time was USD 125 and the exchange rate at that time was $1.5 per Pound. On January 1, 2019, the price per IBM share was USD 150 and the exchange rate was $1.2 per Pound. 19) What is the rate of return in USD terms for this 1-year period? Ans: 20% 20) What is the rate of return in Pound terms for the U.K. investor for this 1-year period? Ans: 50% 21) What was the contribution of exchange rate movement to the rate of return in Pound terms? Ans: 25%

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