Required: Suppose you ore a euro-bosed ltalion investor, and you ore investing E11,600 to buy shores of o British compary ot 550 per shore. The exchange rote is 1.45 per pound. The stock pays ofl dividend one year loter, ond you sell your shares for f53. The excharige rate has changed to 1.50 per pound ot the time of your sole. What is your pound rate of return on this investment and the chonge in pound-euro exchange rate? What is your euro rote of return? If you had agreed ot the outset to sell 58,000 forward ot the rate of $136 per pound, whot is your euro rate of return on this investment? Note: Enter your answer as a percent rounded to 2 decimal places