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The stock market return and exchange rates in 2021 in Country Lalaland have been as follows: Return in Local Currency in Country Lalaland in 2021

The stock market return and exchange rates in 2021 in Country Lalaland have been as follows: Return in Local Currency in Country Lalaland in 2021 (%): 42.8 LC Units/Dollar on 1/1/2021: 1.88 LC Units/Dollar on 31/1/2021: 2.09 What is the dollar return on this market?

a. 10.4%

b. 0%

c. 2.09%

d. 1.1%

e. -11%

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