Question

As a U.S. investor, you decide to invest $110,000 in Switzerland. You do so at a starting exchange rate of 1.093 SwFr/$. Your Swiss investment gains 7 percent, and the ending exchange rate is 1.091SwFr/$. What is your total return on this investment?
A. 6.30%
B. 6.85%
C. 7.20%
D. 7.40%
E. 7.55%

Answer

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