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Required: Suppose you are a curo based Italian investor, and you are investing 611,200 to buy shares of a British company at c50 per share.

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Required: Suppose you are a curo based Italian investor, and you are investing 611,200 to buy shares of a British company at c50 per share. The exchange rate is e1.40 per pound. The stock pays a fl dividend one year fater, and you sell your shares for C54. The exchange rate has changed to Ct.45 per pound at the time of your sale. What is your pound rate of return on this investment and the change in pound-euro exchange rate? What is your euro rate of return? if you had agreed at the outset to sell 58.000 forward at the rate of E1.35 per pound, what is your cuto rate of return on this investment? Note: Enter your answer as o percent rounded to 2 decimal ploces

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