Suppose you are a euro-based investor who just sold Amazon.com Inc. shares that you had bought six months ago. You had invested 10,000 euros to buy Amazon.com shares for $120 per share; the exchange rate was $1.15 per euro. You sold the stock for $135 per share and converted the dollar proceeds into euro at the exchange rate of $1.06 per euro.

b) Compute the rate of return on your investment in euro terms.

c) How much of the return is due to the exchange rate movement?