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Mindy invested $ 3 , 5 0 0 USD and purchased 1 0 0 shares of a German corporation when the exchange rate was $

Mindy invested $3,500USD and purchased 100 shares of a German corporation when the exchange rate was $1.00=.65 euro.
Two years later she sold all of the shares for 2,750 euros. The exchange rate was $1.00=.68 euro when she converted back to USD.
No dividends were paid during the time she owned the stock. What is the amount of Mindy's gain or loss on this investment (in rounded US dollars)?
Question 12 options:
$544 gain
$475 gain
$731 gain
$405 loss'

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