1. You invest overseas in a foreign stock that has a return of 14%. Over that time, the dollar appreciates 6% against the foreign currency (such as .7/$ at the start and .742/$ at the end) What is your dollar-denominated rate of return on the investment (to two decimal places like 8.52%)?
2. You invest overseas in a foreign stock that has a return of 14%. Over that time, the foreign currency appreciates 6% against the U.S. dollar (such as CAD1.113/$ at the start and CAD1.05/$ at the end) What is your dollar-denominated rate of return on the investment (to two decimal places like 8.52%)?