14-75 If the exchange rate had fallen from $1.60/£1 at the beginning of the year to $1.50/£1 at the end of the year,the weighted return on the FI's asset portfolio would be
A)13.29%.
B)12.56%.
C)16%.
D)8.75%.
E)9.38%.

Question

Quizplus · Accepted Answer

The Answer of 14-75 If the exchange rate had fallen from $1.60/£1 at the beginning of the year to $1.50/£1 at the end of the year,the weighted return on the FI's asset portfolio would be
A)13.29%.
B)12.56%.
C)16%.
D)8.75%.
E)9.38%.

14-75 If the Exchange Rate Had Fallen from $1