Question: Same facts as above: what would be the total value of the 1 , 0 0 0 EFGH shares purchased by ABCD one year ago

Same facts as above: what would be the total value of the 1,000 EFGH shares purchased by ABCD one year ago right now in U.S. dollarsif the exchange rate between USD and EUR has remained the same at $1.20/1?
Group of answer choices
$12,000
$13,920
$10,000
$11,600
Flag question: Question 5
Question 51 pts
How would your answer change from Question 4 if the exchange rate between USD and EUR has since changed to $1.01/1, or in the manner that the value of the Euro has depreciated significantly?
Group of answer choices
$11,600
$12,000
$11,716
The dollar value of the investment wouldn't change.

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