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Mr . James K . Silber, an avid international investor, just sold a share of Nestl , a Swiss firm, for SF 5 , 0
Mr James K Silber, an avid international investor, just sold a share of Nestl a Swiss firm, for SF The share was bought for SF a year ago. The exchange rate is SF per US dollar now and was SF per dollar a year ago. Mr Silber received SF as a cash dividend immediately before the share was sold. Compute the rate of return on this investment in terms of US dollars.
Note: Do not round intermediate calculations. Enter your answer as a percent rounded to decimal places.
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