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You invest in the stock of the Swiss company, The Swatch Group, when it is trading at CHF 493.29 and sell it a year
You invest in the stock of the Swiss company, The Swatch Group, when it is trading at CHF 493.29 and sell it a year later when it is trading at CHF 210.16. At the start of the investment the exchang rate for Swiss Francs is $1.07, and by the end it has moved to $1.05. What is your return if you are Swiss investor? (Enter your answer as a percent, e.g., if the answer is 5.3% enter 5.3, not 0.053)
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