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Suppose the initial investment is $ 1 , 0 0 0 . 0 0 . The todays exchange rate is 1 EUR = 1 .

Suppose the initial investment is $1,000.00. The todays exchange rate is 1 EUR =1.09 USD. The return of the investment in Euro after one year is 10%. Calculate the return in dollar value when the exchange rate after 1 year is 1 EUR =1.12 USD. A) $130.28 B) $1,130.28 C) $70.54 d) $1,070.54

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