82. A US investor purchased Canadian stocks at the beginning of the year in which the Canadian stock increased in valued by 18%. Assume that the exchange rate C$/U$ was 1.1255 at the beginning of the year and 1.2575 at the end of the year. What was the investors effective return?

a. 5.61%

b. 31.84%

c. 18%

d. 11.73%

e. None of the above

83. Obtain the effective return to a US investor who invests in the Indian SENSEX stock index during the year when the index gained 17.5 % but the rupee depreciated by 12% against the dollar.

a. 17.5 %

b. 5.5%

c. 12%

d. 3.4%

e. 31.6%

84. Compute the effective return to a US investor who purchased the FTSE Index during the year when the index gained 18 % and given the dollar price of the pound was $1.4565 at the beginning of the year and $1.4875 at the end of the year.

a. 20.51%

b. 15.49%

c. 18%

d. 15.12%

e. None of the above