An investor in the United States bought a one-year Brazilian security valued at 250,000 Brazilian reals (R$). The U.S. dollar equivalent was $200,000. The Brazilian security earned 20 percent during...


An investor in the United States bought a one-year Brazilian security valued at 250,000 Brazilian reals (R$). The U.S. dollar equivalent<br>was $200,000. The Brazilian security earned 20 percent during the year, but the Brazilian real depreciated 5 cents against the U.S.<br>dollar during the time period ($0.80 to $0.75).<br>After transferring the funds back to the United States, what was the investor's return on her $200,000? (Do not round intermediate<br>calculations. Input your answer as a percent rounded to 2 decimal places.)<br>Investor's rate of return in U.S. terms<br>%<br>

Extracted text: An investor in the United States bought a one-year Brazilian security valued at 250,000 Brazilian reals (R$). The U.S. dollar equivalent was $200,000. The Brazilian security earned 20 percent during the year, but the Brazilian real depreciated 5 cents against the U.S. dollar during the time period ($0.80 to $0.75). After transferring the funds back to the United States, what was the investor's return on her $200,000? (Do not round intermediate calculations. Input your answer as a percent rounded to 2 decimal places.) Investor's rate of return in U.S. terms %

Jun 11, 2022
SOLUTION.PDF

Get Answer To This Question

Related Questions & Answers

More Questions »

Submit New Assignment

Copy and Paste Your Assignment Here