-Given the Information Contained in the Table Regarding a Foreign

$\begin{array}{|l|r|} \hline& \text { Discrete return (i.e. \% change) } \\\hline \text { Investment value (USD) } & 8 \% \\\hline \text { Exchange rate (AUD/USD) } & 7 \% \\\hline\end{array}$
-Given the information contained in the table regarding a foreign investment an Australian investor made in the US,what is the discrete Australian dollar (AUD) return over the period?

A) $15.56 \%$
B) $7.0 \%$
C) $17.0 \%$
D) $17.6 \%$

Correct Answer:

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Access For Free