Today a U.S. investor uses $10,000 to buy shares of a British stock that sells for 5 British pounds per share. The exchange rate today is $1.40 = 1 British pound.

One year later the investor sells the shares for 5.50 pounds per share, and the exchange rate one year later is $1.54 = 1 British pound. What percent return (measured in U.S. dollars) did the U.S. investor earn on this investment?

		0%
		1.21%
		10%
		21%
		121%
		-1%