Suppose $aU.S.$ investor wishes $to$ invest $in$ a British firm currently selling for $60$ per share. The investor has $$6,000to$ invest, and the

current exchange rate $is$ $$\frac{2}{}.$

Suppose now the investor also sells forward $3,000at$ a forward exchange rate $of$ $$\frac{2\mathrm{.}10}{}.$

Required:

$a.$ Calculate the dollar$-$denominated returns for each scenario. $(Round$ your percentage answers $to2$ decimal places. Negative

amounts should $be$ indicated $by$ a minus sign.$)$