-Given the Information Contained in the Table Regarding a Foreign

$\begin{array}{|l|l|l|}\hline & \text { Start of period } & \text { End of period } \\\hline \text { Investment value (USD) } & \$ 1000 & \$ 1200 \\\hline \text { Exchange rate (AUD/USD) } & 1.3500 & 1.3500 \\\hline\end{array}$
-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) $-12.7 \%$
B) $-10.0 \%$
C) $-8.5 \%$
D) $7.8 \%$

Correct Answer:

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