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10 pts Question 8 A U.S. based investor purchased 100 shares of Brazilian bank Itau for R$16.93 and sold them a year later for R$23.29. At the time of purchase, the Brazilian Real was trading at R$2.443 per U.S. dollar and at the time of the sale of the ltau shares the Brazilian Real was trading at R$2.705 per U.S. dollar. Calculate the U.S. dollar-based percentage return earned by the investor. Note: Ent second digit after the decimal point. For example, if your calculated return is 3.1847% or 0.031847, enter your answer as: 3.18 er your answer in percentages. If the return is negative enter a negative sign first. Your answer must be rounded to the nearest 24.24 10 pts Question 8 A U.S. based investor purchased 100 shares of Brazilian bank Itau for R$16.93 and sold them a year later for R$23.29. At the time of purchase, the Brazilian Real was trading at R$2.443 per U.S. dollar and at the time of the sale of the ltau shares the Brazilian Real was trading at R$2.705 per U.S. dollar. Calculate the U.S. dollar-based percentage return earned by the investor. Note: Ent second digit after the decimal point. For example, if your calculated return is 3.1847% or 0.031847, enter your answer as: 3.18 er your answer in percentages. If the return is negative enter a negative sign first. Your answer must be rounded to the nearest 24.24