A French investor buys 100 shares of Teck for $4500 ($45 per share). Over the course of
Question:
A French investor buys 100 shares of Teck for $4500 ($45 per share). Over the course of a year, Teck goes up by $8.65.
a. If there is a 10 percent gain in the value of the dollar versus the euro, what will be the total percentage return to the French investor?
b. Now assume the stock increases by $10 but the dollar decreases by 10 percent versus the euro. What will be the total percentage return to the French investor?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 42% (7 reviews)
a Initial investment 100 45 4500 Value after one year 100 5365 ...View the full answer
Answered By
Ashington Waweru
I am a lecturer, research writer and also a qualified financial analyst and accountant. I am qualified and articulate in many disciplines including English, Accounting, Finance, Quantitative spreadsheet analysis, Economics, and Statistics. I am an expert with sixteen years of experience in online industry-related work. I have a master's in business administration and a bachelor’s degree in education, accounting, and economics options.
I am a writer and proofreading expert with sixteen years of experience in online writing, proofreading, and text editing. I have vast knowledge and experience in writing techniques and styles such as APA, ASA, MLA, Chicago, Turabian, IEEE, and many others.
I am also an online blogger and research writer with sixteen years of writing and proofreading articles and reports. I have written many scripts and articles for blogs, and I also specialize in search engine
I have sixteen years of experience in Excel data entry, Excel data analysis, R-studio quantitative analysis, SPSS quantitative analysis, research writing, and proofreading articles and reports. I will deliver the highest quality online and offline Excel, R, SPSS, and other spreadsheet solutions within your operational deadlines. I have also compiled many original Excel quantitative and text spreadsheets which solve client’s problems in my research writing career.
I have extensive enterprise resource planning accounting, financial modeling, financial reporting, and company analysis: customer relationship management, enterprise resource planning, financial accounting projects, and corporate finance.
I am articulate in psychology, engineering, nursing, counseling, project management, accounting, finance, quantitative spreadsheet analysis, statistical and economic analysis, among many other industry fields and academic disciplines. I work to solve problems and provide accurate and credible solutions and research reports in all industries in the global economy.
I have taught and conducted masters and Ph.D. thesis research for specialists in Quantitative finance, Financial Accounting, Actuarial science, Macroeconomics, Microeconomics, Risk Management, Managerial Economics, Engineering Economics, Financial economics, Taxation and many other disciplines including water engineering, psychology, e-commerce, mechanical engineering, leadership and many others.
I have developed many courses on online websites like Teachable and Thinkific. I also developed an accounting reporting automation software project for Utafiti sacco located at ILRI Uthiru Kenya when I was working there in year 2001.
I am a mature, self-motivated worker who delivers high-quality, on-time reports which solve client’s problems accurately.
I have written many academic and professional industry research papers and tutored many clients from college to university undergraduate, master's and Ph.D. students, and corporate professionals. I anticipate your hiring me.
I know I will deliver the highest quality work you will find anywhere to award me your project work. Please note that I am looking for a long-term work relationship with you. I look forward to you delivering the best service to you.
3.00+
2+ Reviews
10+ Question Solved
Related Book For
Foundations of Financial Management
ISBN: 978-1259024979
10th Canadian edition
Authors: Stanley Block, Geoffrey Hirt, Bartley Danielsen, Doug Short, Michael Perretta
Question Posted:
Students also viewed these Business questions
-
The price of a stock is $40. The price of a one-year European put option on the stock with a strike price of $30 is quoted as $7 and the price of a one-year European call option on the stock with a...
-
Investor A makes a cash purchase of 100 shares of AB&C common stock for $55 a share. Investor B also buys 100 shares of AB&C but uses margin. Each holds the stock for one year, during which dividends...
-
An American investor buys 100 shares of EuroCorp. The stock sells for 10 euros and the euro is worth $1.09. The investor sells the stock for 13 euros when the euro is worth $0.97. a) What is the...
-
Find the area between the parabolas y = 2x 2 + 1 and y = x 2 + 5.
-
Most labor economists believe that many adult males are on a vertical section of their labor supply curves. Use the concepts of income and substitution effects to explain under what circumstances an...
-
A survey conducted by the American Automobile Association showed that a family of four spends an average of $215.60 per day while on vacation. Suppose a sample of 64 families of four vacationing at...
-
Describe events. Provide an example.
-
You have just met a new client, Darth Garbinsky, who has come to you for some accounting advice. The thing you have to understand, David, is how these stage plays work. You start out with just an...
-
Provide an introduction to your planned new product/service ( apple watch for elders) and where it will sit within your chosen organization i.e apple inc. Incorporate the possible value proposition....
-
Ralph Edmund loves steaks and potatoes. Therefore, he has decided to go on a steady diet of only these two foods (plus some liquids and vitamin supplements) for all his meals. Ralph realizes that...
-
An investor in Canada bought a one-year New Zealand security valued at 146,263 New Zealand dollars. The Canadian dollar equivalent was $100,000. The New Zealand security earned 8 percent during the...
-
Canadian investor buys 200 shares of Microsoft for $12,200 ($61.00 per share). Over the course of a year, Microsoft shares decline by $3.00. a. If there is a 4 percent gain in the value of the U.S....
-
Assume that |(x)| 1 and ["(x)| 1 for all x on an interval of length at least 2. Show that |'(x)| 2 on the interval.
-
In what ways might the following service organisations define and improve their productivity: (a) a theme park; (b) a university; (c) a fast food outlet?
-
What is competitive edge and why is it so important?
-
Find 20 job advertisements for sales representatives and summarise the range of characteristics and skills sought. Which are the most commonly required and to what extent do you think that they are...
-
What is viral marketing and why is it so useful to the marketer?
-
What factors might contribute to successful exhibition attendance?
-
Give three examples of product problems that companies have faced during marketing in global markets and describe how these problems could have been avoided.
-
A sprinkler head malfunctions at midfield in an NFL football field. The puddle of water forms a circular pattern around the sprinkler head with a radius in yards that grows as a function of time, in...
-
At the end of last year, Roberts Inc. reported the following income statement (in millions of dollars): Looking ahead to the following year, the companys CFO has assembled the following information: ...
-
At year-end 2005, total assets for Ambrose Inc. were $1.2 million and accounts payable were $375,000. Sales, which in 2005 were $2.5 million, are expected to increase by 25 percent in 2006. Total...
-
Pierce Furnishings generated $2.0 million in sales during 2005, and its year-end total assets were $1.5 million. Also, at year-end 2005, current liabilities were $500,000, consisting of $200,000 of...
-
Complete the Price, Advertising, and Profitability chart. a . ?Notice that the series for $ 2 5 , 0 0 0 , 0 0 0 ?is already on the chart. b . ?Add the series for advertising budgets $ 5 0 , 0 0 0 , 0...
-
Solve for the missing information designated by "?" in the following table. (Use 365 days in a year. Round the inventory turnover ratio to one decimal place before computing days to sell. Round days...
-
Grove Media plans to acquire production equipment for $800,000 that will be depreciated for tax purposes as follows: year 1, $320,000; year 2, $180,000; and in each of years 3 through 5, $100,000 per...
Study smarter with the SolutionInn App