-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) $0.00 \%$
B) $15.0 \%$
C) $20.0 \%$
D) $26.7 \%$

Correct Answer:

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