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7. Assume that you have invested $100,000 in Japanese equities at the price of 100 per share when the exchange rate is 100/$1.00. One year
7. Assume that you have invested $100,000 in Japanese equities at the price of 100 per share when the exchange rate is 100/$1.00. One year later, you sell these equities at 110 per share when the exchange rate changes to 105/$1.00. The dollar rate of return is thus: 4 A. 0% B. 4.76% C. -4.55% D. -9.09%
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