Requirement 3. Which division do you think had the better Rl performance? Explain your answer. The required rate of return on investment (calculated in U.S. dollars) is 14%. (Enter all amounts in U.S. dollars. Enter a residual loss with parentheses or a minus sign.) Measure of income Imputed cost of investment RI U.S. Division Data table More info Norwegian Division U.S. Division ? Operating income Total assets ROI Norwegian Division 7,560,000 kroner 54,000,000 kroner Both investments were made on December 31, 2019. The exchange rate at the time of Grandland's investment in Norway on December 31, 2019, was 6 kroner = $1. During 2020, the Norwegian kroner decreased steadily in value so that the exchange rate on December 31, 2020, is 8 kroner = $1. The average exchange rate during 2020 is [(6 + 8) + 2] = 7.0 kroner = $1. $ 9,500,000 13.00%