Giri Iyer is an analyst for Tristar Funds, a New York-based mutual fund company. Giri is currently evaluating the recent performance of shares in Pacific Wietz, a publicly traded specialty chemical company in Germany listed on the Frankfurt DAX. Tristar invested $200,000 in Pacific Wietz in January 2010, as shown below. What is the return on its investment in U.S. dollar terms? (Assume a fraction of a share can be held.) Jan 1st, 2010 Dec 31st, 2010 Purchase Sale Distribution per share Share price, euros 135.00 157.69 16.00 Exchange rate, US$/euro $1.3406 $1.4270