Suppose a U.S. investor wishes to invest in a British firm currently selling for 40 per share. The investor has $12,000 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.)

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.)

b. Fill in the table below for dollar-denominated rates of retum after one year in each of the nine scenarios ftrree possible share pric 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.)