Mr. James K. Silber, an avid international investor, sold short a share of Nestl e, a Swiss firm, for SF5,064 a year ago. He recently covered the position for SF4,622. The exchange rate is SF1.600 per U.S. dollar now and was SF1.7806 per dollar a year ago. Mr. Silber paid SF120 as a cash dividend immediately before the position was covered. Compute the rate of return on this investment in terms of U.S. dollars.