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ABC is a company that trades on the London Stock Exchange. Assume that when purchased by an international investor, the stock's price and the exchange

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ABC is a company that trades on the London Stock Exchange. Assume that when purchased by an international investor, the stock's price and the exchange rate were 5 and 0.64/$1.00 respectively. When the stocks were sold, one year after the purchase date, they were 6 and 0.60/$1.00. Calculate the investor's annual percentage rate of return in terms of the U.S. dollars. a. 28.00% b. 13.75% c. 20.00% d. 26.25% e. 5.12% %

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