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Suppose a U . S . investor wishes to invest in a British firm currently selling for 8 0 per share. The investor has $

Suppose a U.S. investor wishes to invest in a British firm currently selling for 80 per share. The investor has $16,000 to invest, and the
current exchange rate is $2.
Required:
a. How many shares can the investor purchase? (Round your answer to the nearest whole number.)
Answer is complete and correct.
b. Fill in the table below for dollar-denominated rates of return after one year in each of the nine scenarios (three possible share prices
denominated in pounds times three possible exchange rates).(Round your percentage answers to 2 decimal places. Negative
amounts should be indicated by a minus sign.)
Answer is complete but not entirely correct.
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