Here are data on stock market returns and exchange rate changes during 1988 for 12 stock markets.
Question:
Here are data on stock market returns and exchange rate changes during 1988 for 12 stock markets.
Determine the dollar return on each of these markets.
Transcribed Image Text:
Country Australia Belgium Canada France West Germany Holland Italy Japan Spain Sweden Switzerland United Kingdom Return in Local Currency LC Units/Dollar (%) 12/31/87 14.5 56.3 10.9 56.8 27.9 42.8 26.2 44.8 25.0 60.5 31.9 9.1 1.41 35.1 1.29 5.65 1.68 1.88 1230 129 114 6.03 1.37 0.56 LC Units/Dollars 12/31/88 1.17 38.8 1.20 6.31 1.85 2.09 1357 128 116 6.30 1.58 0.57
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Related Book For
Foundations Of Multinational Financial Management
ISBN: 9780470128954
6th Edition
Authors: Alan C Shapiro, Atulya Sarin
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