85. A US investor purchased the Nikg kei index during the period when the index rose from 11,250 to 15,575 while the exchange rate Y/$ rose from 75.55 to 102.25. What was the effective return in dollars to the US investor during the period? {Ans. = 2.29%}

86. A US investor purchased the Nikkei index during the period when the index rose from 11,525 to 17,350 while the exchange rate Y/$ rose from 75.25 to 117.92. Calculate the dollar effective return to the US investor over the period. {Ans. = -.0394}