You Are Planning to Invest $150,000 in Hong Kong

question 43

Multiple Choice

You are planning to invest $150,000 in Hong Kong.If your Hong Kong investment gains 7.5 percent while the exchange rate moves from 7.75 Hong Kong dollars (HK$) per U.S.dollar to 7.70 per dollar over the period,what is your total return on this investment?

• A) 6.8%
• B) 7.1%
• C) 7.6%
• D) 8.2%
• E) 8.4%

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