An investor started with $1 million and converted it to 0.75 million pounds, which was then invested for one year. In a year the investor had 0.7795 million pounds, which she then converted to dollars at an exchange rate of 1.39 dollars per pound. The U.S. dollar annual rate of return earned was Select one: a. 3.93 percent b. 2.97 percent C. 8.35 percent d. 6.62 percent e. 5.45 percent