During 2018, Toyota Motor Company shares went from 7,500 to 6,500, while paying a dividend of 220.

Question:

During 2018, Toyota Motor Company shares went from ¥7,500 to ¥6,500, while paying a dividend of ¥220. At the same time, the exchange rate went from $1 = ¥113 to $1 = ¥109.

a. What was the total dollar return, in percent, on Toyota stock for the year?

b. What was the yen return, in percent, for the same period?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  answer-question

Multinational Financial Management

ISBN: 9781119559900

11th Edition

Authors: Alan C Shapiro, Paul Hanouna

Question Posted: