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Suppose an Investor Buys a Share of British Petroleum at a Price

Question 28

Multiple Choice

Suppose an investor buys a share of British Petroleum at a price of £32 at the start of the year. During the year, the investor receives a dividend of £At the end of the year, the price of BP is £3During the year, the exchange rate goes from £1 = $to £1 = $What was the investor's dollar return on BP?


A) -2.35%
B) -6.47%
C) 1.59%
D) 10.94%

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