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Suppose that S = $ 1 . 1 0 4 5 / . You ( an American ) purchased a French asset. The French asset

Suppose that S = $1.1045/. You (an American) purchased a French asset. The French asset is expected to yield 5.7%. Also, the euro is expected to depreciate by 3.6% against the dollar. What is your exact expected return? Do not write any symbol. Express your answers as a percentage. Make sure to round your answers to the nearest 100th decimal point. For example, write 2.45 for 2.45%.2. You hold some shares of BMW listed in Frankfurt. The share price is 750, and a gross dividend of 30 is paid. The current exchange rate is 1.15 $/. The German government imposes a 15% withholding tax on dividends paid to U.S. investors. Your marginal tax rate is 30%. What dividend per share will you receive in U.S. dollars? Do not write any symbol. Make sure to round answers to the nearest 100th decimal points. For example. write 1234.34 for 1,234.34.

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