Tris Speaker bought a Japanese stock one year ago when it sold for 280 yen per share and the exchange rate was $0,008 per yen The stock now sells for 350 yen and the exchange rate is $0,010 per yen The stock paid no dividends during the year What wasTris 's rate of return on this stock What would b...

The return on an investment in this Japanese stock to a Japanese investor is simply the perc ...

Tris Speaker bought a Japanese stock one year ago when it sold for 280 yen per share

Question:

Tris Speaker bought a Japanese stock one year ago when it sold for 280 yen per share and the was $0,008 per yen. The stock now sells for 350 yen and the is $0,010 per yen. The stock paid no dividends during the year. What wasTris's rate of return on this stock? What would be the rate of return on the stock to a Japanese investor?
Exchange Rate
The value of one currency for the purpose of conversion to another. Exchange Rate means on any day, for purposes of determining the Dollar Equivalent of any currency other than Dollars, the rate at which such currency may be exchanged into Dollars...