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

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

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Essentials of Investments

ISBN: 978-0078034695

9th edition

Authors: Zvi Bodie, Alex Kane, Alan Marcus

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Question Posted: Oct 07, 2016 12:08 PM

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

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False Investments made in a local currency have the added risk ...View the full answer

Essentials of Investments

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