-An Australian Investor Purchases a European-Based Investment at a Price

question 19

Multiple Choice

$\begin{array}{|l|l|l|}\hline & \text { Start of period } & \text { End of period } \\\hline \text { Investment value (USD) } & \$ 1000 & \$ 1200 \\\hline \text { Exchange rate (AUD/USD) } & 1.3500 & 1.3500 \\\hline\end{array}$
-An Australian investor purchases a European-based investment at a price of EUR52.50 when the exchange rate was EUR0.6500/AUD.If the investment is sold for a price of EUR55.00 and the investor's AUD discrete return was 10%,what was the exchange rate when the investment was sold?

• A) \( 0.624 \)
• B) \( 0.676 \)
• C) \( 1.538 \)
• D) \( 1.600 \)

---

Definitions:

Diuresis

The increased production and passage of urine, often induced by certain medications or conditions, leading to the removal of excess fluids from the body.

Clarification

The process of making a statement or situation less confused and more clearly comprehensible.

Therapeutic Session

A scheduled period of treatment in a healthcare setting aimed at healing or relieving symptoms of a disease, disorder, or distress.

Psychiatric Facility

A healthcare establishment dedicated to the diagnosis, treatment, and care of individuals with mental health conditions.