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Assume that you have invested $100,000 in Japanese equities. When purchased the stock's price and the exchange rate were 100 and 100/$1.00 respectively. At selling
Assume that you have invested $100,000 in Japanese equities. When purchased the stock's price and the exchange rate were 100 and 100/$1.00 respectively. At selling time, one year after purchase, they were 110 and 110/$1.00. The dollar rate of return would be:
A. 4.32%
B. 0%
C. -9.09%
D. 28.00%
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