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 investor's total return in percentage form

Question

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 investor's total return in percentage form

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Question

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

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