Suppose the 1-year risk-free rate of return in the United States is 7.0% and the 1-year risk-free rate of return in Britain is 10.0%. The current exchange rate is $1 = 0.60. A 1-year future exchange rate of __________ would make a U.S. investor indifferent between investing in the U.S. security and investing in the British security. options: a. 0.6175 b.0.6168 c.0.6148 d.0.5884

Assume you purchased a rental property for $140,000 and sold it 1 year later for $150,000 (there was no mortgage on the property). At the time of the sale, you paid $4,200 in commissions and $1,400 in taxes. If you received $6,800 in rental income (all received at the end of the year), what annual rate of return did you earn?

Options:

A. 3.14%

B..90%

C.12.00%

D.8.00%