1. Suppose you are a U.S. investor who is planning to invest $255,000 in Japan. You do so at a starting exchange rate of 85.58/$. Your Japanese investment gains 8.30 percent, and the ending exchange rate is 83.86/$. What is your total return on this investment? (Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)

2.

Assume the following. In 2008, the U.S. had real GDP of $16.8 trillion and the CPI was at 90.76. At the end of 2018, real GDP in the U.S. was $20.8 trillion and the CPI was at 104.62. Calculate the compounded (i.e., geometric) growth rate for this 10-year period. (Use Excel to answer this question. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)

Assume the following. In 2008, the U.S. had real GDP of $16.8 trillion and the CPI was at 90.76. At the end of 2018, real GDP in the U.S. was $20.8 trillion and the CPI was at 104.62. Calculate the compounded (i.e., geometric) growth rate for this 10-year period. (Use Excel to answer this question. Do not round intermediate calculations. Enter your answers as a percent rounded to 2 decimal places.)

3.

You are a U.S. investor who invested $475,000 in India five years ago. Assume that your investment gained 9 percent per year. If the exchange rate moved from 71.2 rupees per dollar to 73.5 rupees per dollar over the five-year period, what was your total return on this investment? (Use Excel to answer this question. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.)