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Can anyone please advise? Are these answers correct? I away up vote if the answers are correct. Suppose a U.S. investor wishes to invest in

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Can anyone please advise? Are these answers correct? I away up vote if the answers are correct.

Suppose a U.S. investor wishes to invest in a British firm currently selling for 34 per share. The investor has $6,800 to invest, and the current exchange rate is $24. Suppose now the investor also sells forward 3,400 at a forward exchange rate of $1.90 Calculate the dollar-denominated returns for each scenario. (Round your answers to 2 decimal places. Negative amounts should be indicated by a minus sign.) Price per Share (1) Exchange Rate: 35 40 6&8 Rate of Return (%) at Given Exchange Rate $1.80 $2.00 $2.2014 (15.59% (16.76) % (17.94) % 2.35) % (2.06) % (1.76) % 10.88% 12.65% 14.41 % Suppose a U.S. investor wishes to invest in a British firm currently selling for 34 per share. The investor has $6,800 to invest, and the current exchange rate is $24. Suppose now the investor also sells forward 3,400 at a forward exchange rate of $1.90 Calculate the dollar-denominated returns for each scenario. (Round your answers to 2 decimal places. Negative amounts should be indicated by a minus sign.) Price per Share (1) Exchange Rate: 35 40 6&8 Rate of Return (%) at Given Exchange Rate $1.80 $2.00 $2.2014 (15.59% (16.76) % (17.94) % 2.35) % (2.06) % (1.76) % 10.88% 12.65% 14.41 %

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