An American investor invested in the Swiss company, Nestle, when it was selling for 48.62 Swiss francs. The exchange rate was $0.9088 per Swiss franc. At the end of a year, Nestle paid
A dividend of 1.22 Swiss francs and was selling for 50.13 Swiss francs. The exchange rate at
That time was $1.0349 per Swiss franc. What was the American investor's rate of return on this
Investment? Round your answer to the nearest tenth of a percent.

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The Answer of An American investor invested in the Swiss company, Nestle, when it was selling for 48.62 Swiss francs. The exchange rate was $0.9088 per Swiss franc. At the end of a year, Nestle paid
A dividend of 1.22 Swiss francs and was selling for 50.13 Swiss francs. The exchange rate at
That time was $1.0349 per Swiss franc. What was the American investor's rate of return on this
Investment? Round your answer to the nearest tenth of a percent.

An American Investor Invested in the Swiss Company, Nestle, When