Assume you analyzed Bayer AG in Germany today and you find its stocks to be highly undervalued at the current price of 48.10; hence, you buy stocks at the current exchange rate of $1.21/ at the German stock exchange. Further assume the stock price increases to 60 by next year and that the USD strengthens to $1.17/ over the same period. What is your expected percent return as a U.S investor? 24.74% 20.62% -3.31% none of the answers is correct 29.00% Question 7 (1 point) The Yen Spot rate suddenly changes in value against the Euro moving from an exchange rate of 129.87/ to 128.53/. Thus, the Euro has - by depreciated; 1.03% appreciated; 1.03% None of the above are correct depreciated; 1.04% appreciated; 1.04%