iegel Chemikalie, a publicly Oriol Almenara is a European analyst and strategist for Mirror Funds, a New York-based mutual fi company. Oriol is currently evaluating the recent performance of shares in Spiegel Chemikalie, a traded specialty chemical company in Germany listed on the Frankfurt DAX. The baseline investment amount used by Mirror is $200,000. a. What was the return on the security in local currency terms? b. What was the return on the security in U.S. dollar terms? c. Does this mean it was a good investment for a local investor, a U.S.-based investor, or both? iegel Chemikalie, a publicly Oriol Almenara is a European analyst and strategist for Mirror Funds, a New York-based mutual fi company. Oriol is currently evaluating the recent performance of shares in Spiegel Chemikalie, a traded specialty chemical company in Germany listed on the Frankfurt DAX. The baseline investment amount used by Mirror is $200,000. a. What was the return on the security in local currency terms? b. What was the return on the security in U.S. dollar terms? c. Does this mean it was a good investment for a local investor, a U.S.-based investor, or both