Q14. Seth's parents rewarded him with $20,000 at his graduation. He invested this money buying shares of a company in Germany. The stock was trading at 50/share and the spot exchange rate was $1= 1.1. After six months, Seth sold the stock @ 53/share. What was his $-denominated ROR and - denominated ROR if the exchange rate at the time of selling was $1= 1.2. Could Seth use any derivative product to protect or minimize his loss?

Q14. Seth's parents rewarded him with $20,000 at his graduation. He invested this money buying shares of a company in Germany. The stock was trading at 50/ share and the spot exchange rate was $1=1.1. After six months, Seth sold the stock @53/share. What was his \$-denominated ROR and denominated ROR if the exchange rate at the time of selling was $1=1.2. Could Seth use any derivative product to protect or minimize his loss