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.)

Price per Share ()		Rate of Return (%) at Given Exchange Rate
	Exchange Rate:	$1.80/		$2.00/		$2.20/
26			%		%		%
31			%		%		%
36			%		%		%