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Suppose you start with $100 and buy stock in when the exchange rate is 1=$1.5. One year later, the stock price changes to 75, and
Suppose you start with $100 and buy stock in when the exchange rate is 1=$1.5. One year later, the stock price changes to 75, and you sell it. At the time of sale, exchange rate is 1= $1.6. What is your return (just) due to the exchange rate? Multiple Choice 6.67% 6.67% 20% 20% 12.5% 7.5% Suppose you start with $100 and buy stock in when the exchange rate is 1=$1.5. One year later, the stock price changes to 75, and you sell it. At the time of sale, exchange rate is 1= $1.6. What is your total return? Multiple Choice 20%. 25%. 6.67% 26.67% 7.5% 12.5%
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