You Are a U

You are a U.S. investor who purchased British securities for 2,340 pounds one year ago when the British pound cost $1.52. No dividends were paid on the British securities in the past year. Your total return based on U.S. dollars was ________ if the value of the securities is now 2,440 pounds and the pound is worth $1.61.

A) 16.7%
B) 20.0%
C) 12.5%
D) 10.4%
E) None of the options are correct