Question: A French institutional invesior wishes to decrease its exposure to Taiwan. It is interested in selling 2 0 , 0 0 0 shares of f
A French institutional invesior wishes to decrease its exposure to Taiwan. It is interested in selling shares of f a particular Taiwanese fir firm that l currently in This firm trades on the Taiwan Stock Exchange. A Taiwanbased broker quotes the its portfolio Taiwan dollar TWS price of the shares of this firm as with a commis on of percent of the transaction value. The Taiwan Stock Exchange charges a tax of percent of the value traded from the seller. A bank is quoting the TW$ to e exchange rate as How many euros will the French institutionalinvestor receive on selling the shares?
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