Assume that you have invested S100,000 in British equities. When purchased the stocks price and the exchange rate were 50 and 0.5051,00 respectively. At selling time, one year after purchase, they were 45 and 0.60/51.00. If the investor had sold 50,000 forward at the forward exchange rate of 0.55/51.00, the dollar rate of return would be O A 27.278 3:28.00% 09.04 0-17420