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You are a U.S. investor who invested $465,000 in India five years ago. Assume that your investment gained 7 percent per year. If the exchange
You are a U.S. investor who invested $465,000 in India five years ago. Assume that your investment gained 7 percent per year. If the exchange rate moved from 710 rupees per dollar to 73.3 rupees per dollar over the five-year period, what was your total return on this investment? (Use Excel to answer this question. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Total Return % You are a U.S. investor who invested $465,000 in India five years ago. Assume that your investment gained 7 percent per year. If the exchange rate moved from 710 rupees per dollar to 73.3 rupees per dollar over the five-year period, what was your total return on this investment? (Use Excel to answer this question. Do not round intermediate calculations. Enter your answer as a percent rounded to 2 decimal places.) Total Return %
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