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Investment management At the time of investing AUD20,000 in US shares, the AUD/USD is 0.7437. If over the next month, the exchange rate changed to

Investment management

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At the time of investing AUD20,000 in US shares, the AUD/USD is 0.7437. If over the next month, the exchange rate changed to AUD/USD0.7921, by how much would an Australian investor benefit or lose if the US market fell by 2% over this period? O -7.99% O 4.51% 0 -8.11% O -6.11% QUESTION 13

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