Due to currency risk, dollar-denominated returns of international portfolios will have a higher standard deviation than local-currency-denominated

Question:

Due to currency risk, dollar-denominated returns of international portfolios will have a higher standard deviation than local-currency-denominated returns. True or false
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Essentials of Investments

ISBN: 978-0078034695

9th edition

Authors: Zvi Bodie, Alex Kane, Alan Marcus

Question Posted: