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You invest $350,000 in Great Britain at a starting exchange rate of 1.2636 euro per U.S. dollar. Your British investment gains 12 percent, and the

You invest $350,000 in Great Britain at a starting exchange rate of 1.2636 euro per U.S. dollar. Your British investment gains 12 percent, and the ending exchange rate is 1.2345 euro per U.S. dollar. What's your total return on this investment? Show work if possible.

A. 13.23% B. 10.97% C. 12.11% D. 14.64%

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