11. A. You are an American who invested $40,000 in euro bonds when the exchange rate was $1.30/ . Over the one year you held the bonds, they earned 8% interest. What is the amount in US dollars that you will receive if you convert your bonds (including interest) when the exchange rate is $1.18/? 4,0,000 x1, 30 = 52000 52000 x 1,08 = 56160 56160 +1,18 47593.22034 B. What if the exchange rate had remained the same, $1.30/ ? How many $ would you have? 1.50 33, 250, 77 x C. Explain the difference between A and B