1. A French investor buys AAPL stock at the beginning of the year for $150 dollars. He had Euros but convert to US dollars to buy the stock on the American Exchange. At the time the USD.EUR exchange rate was 0.8 At the end of the year the French investor liquidated the position for $100/share. There were no dividends paid. At the end of the year the USD.EUR exchange rate was 1.2. The French investor converted the proceeds back to Euros. What is the investors total return in percentage form?