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Suppose a U.S. investor wishes to invest in a British firm currently selling for 80...

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Suppose a U.S. investor wishes to invest in a British firm currently selling for 80 per share. The investor has $16,000 to invest, and the current exchange rate is $2/ Suppose now the investor also sells forward 8,000 at a forward exchange rate of $1.95/. Calculate the dollar-denominated returns for each scenario. (Round your answers to 2 decimal places. Negative amounts should be indicated by a minus sign.) Rate of Returm (%) at Given Exchange Rate Price per Share (E) $1.80 Exchange Rate: $2.00 $2.20E % (6.25) % 77 0.00% % 82 www 6.25 % % 87

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