Question: Problem 2 (6 points) Michael is an investor based in New York He holds 100 shares of Bescherelle, a French firm that went public in

Problem 2 (6 points) Michael is an investor based in New York He holds 100 shares of Bescherelle, a French firm that went public in March 2015. He bought the shares at 18 per share. At that time, the dollar euro exchange rate was $1.360/. Now, the share is trading at 25 and the dollar euro exchange rate is $1.410/. a. If Michael sells his shares today, what percentage change in the share price would he receive? b. Over this period, by how much has the dollar appreciated/depreciated against the Euro? c. If Michael sold his shares at those rates, what would be the total return

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