Suppose a U.S. investor wishes to invest in a British firm currently selling for 50 pounds per share

by buying 200 shares of the British firm. The current exchange rate is $1.31 per pound.After one

year, the exchange rate is $1.60 per pound and the share price is 58 pounds per share. What is the

dollar-denominated return in percentage?Enter your answer rounded to two decimal places.Do not enter %

in the answer box.For example, if your answer is 0.12345 or 12.345% then enter as 12.35 in the answer box.