P.2) Jack is thinking about investing in some foreign securities and is looking at the stock of Bayer AG, the big German chemical and health-care firm. Bayer AG, trades on the Frankfurt Exchange, is currently priced at 53.25 euros () per share. It pays annual dividends of 1.50 per share. Jack expects the stock to climb to 60.00 per share over the next 12 months. The current exchange rate is 0.9025 U.S. $/ euro, but that's expected to rise to 1.0150 U.S. $/ euro. What is Jacks annualized rate of return on investment