Jimmy Pools borrows $100,000 in the U.S. at 10% for one year, converts it to HK$ at $1.00 = $HK8.00 and buys 400 shares of stock in Hong Kong for HK$2,000 per share. After one year each share is worth HK$2,400, but the HK$ has depreciated by 5%. What will be his net U.S. dollar return of his investment at the end of one year?

Group of answer choices

9.1%

4.0%

3.6%

14.8%