An Investor Purchased a Security for ¥10,000 When the Exchange

An investor purchased a security for ¥10,000 when the exchange rate was ¥750/$. He later sold the security for ¥12,000 and the exchange rate had changed to ¥850/$. What was the holding period return from a US investor's perspective?

A) -5.9%
B) -2.3%
C) 2.3%
D) 5.9%