What is the average return in each market

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Reference no: EM13908713

Consider the following returns:

Period	United States	United Kingdom	Exchange Ratea
1	10%	5%	$3
2	15%	-5%	2.5
3	-5%	15%	2.5
4	12%	8%	2.0
5	6%	10%	1.5
6			2.5

What is the average return in each market from the point of view of a U.S. investor and of a U.K. investor?

Reference no: EM13908713

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