You invest $150,000 in Japan at a starting exchange rate of 100.20×/$.Your Japanese investment gains 6 percent,and the ending exchange rate is 101.35×/$.What is your total return on this investment?
A) 3.90%
B) 4.10%
C) 4.60%
D) 4.80%
E) 5.00%
Correct Answer:
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