Please answer #3 and show work.

1. CAC 40: Jan 2, 2020 6,041.50 August 31, 2020 4,947.22 FTSE 100: Jan 2, 2020 7,604.30 September 1, 2020 5,862.10 CAC 40: (4,947.22 - 6,041.50) / 6,041.50 = -0.1811 or -18.11% FTSE: (5,862.10 - 7,604.30) / 7,604.30 = -0.2291 or -22.91% 2. Find the exchange rates EUR/GBP and GBP/USD EUR/GBP Jan 2, 2020 0.8495 August 31, 2020 0.8933 (0.8933-0.8495)/0.8495 = 0.05155 or 5.15% GBP/USD Jan 2, 2020 1.3153 August 31, 2020 1.3365 (1/1.3365- 1/1.3153)/ 1/1.3153 = -0.01578 or -1.57% 3. Compute the total return for a British Investor in the U.S