An American purchased $1,000 worth of British Pounds Sterling from a foreign exchange (forex) broker to buy British Auto (ticker: BA) stock denominated in British pounds. On the purchase date the U.S. dollars and British pounds exchange rate was Ep = $1.20/1. The American took her newly purchased British pounds to an American stockbroker that had a British office and bought 20 shares of BA stock for 41.66/share. BA pays no cash dividends. One year later, the American sold her long position in BA for 40/share. The exchange rate was E1 = $1.1/1 when BA was sold. Ignoring taxes and commissions, what was the American investor's holding period return in U.S. dollars from her investment in BA? Multiple Choice 8.10% 3.77% O 6.95% 4.74%