Question: Please advise. I always up-vote if the answer is correct. Thank you. Suppose a U.S. investor wishes to invest in a British firm currently selling

Please advise. I always up-vote if the answer is correct. Thank you.
Suppose a U.S. investor wishes to invest in a British firm currently selling for 80 per share. The investor has $16,000 to invest, and the current exchange rate is $24 Suppose now the investor also sells forward 8,000 at a forward exchange rate of $1.95. Calculate the dollar-denominated returns for each scenario. (Round your answers to 2 decimal places. Negative amounts should be indicated by a minus sign.) Price per Share (4) Exchange Rate: $ 77 Rate of Return (%) at Given Exchange Rate $1.80 $2.00 $2.2016 6.63% % % % % % 82 87
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