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Suppose a U.S. investor wishes to invest in a British firm currently selling for 30 per share. The investor has $6,000 to invest, and the

Suppose a U.S. investor wishes to invest in a British firm currently selling for 30 per share. The investor has $6,000 to invest, and the current exchange rate is $2/.

Suppose now the investor also sells forward 3,000 at a forward exchange rate of $1.95/.

Calculate the dollar-denominated returns for each scenario. (Round your answers to 2 decimal places. Negative amounts should be indicated by a minus sign. Leave no cells blank be certain to enter '0' wherever required. Omit the "%" sign in your response.)

Price per Share () Exchange Rate:

Rate of return (%) at Given Exchange Rate

$1.80/ $2.00/ $2.20/
26 % % %
31 % % %
36 % % %

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