Question: Answer given please explain. 6.You live in New York and buy a share of Phillips at a price of 166 euros. At the end of

Answer given please explain.

6.You live in New York and buy a share of Phillips at a price of 166 euros. At the end of the year, you receive a dividend of 4 euros and the stock price is 160 euros. If the euro appreciates by 8 percent during the year, what was your percentage return in dollars for the year?

*c. + 7%

7.You live in London and have invested in shares of Societe Gererale de Belgique at a price of 52.00. By the end of the year, you have received dividends of 1.00, share price has risen to 54.50, and the pound has fallen 20 percent against the euro. Which of the following is closest to your pound sterling return for the year?

*e. + 33%

8.A stock in India rises 20 percent in local terms. The Indian rupee rises 25 percent against the U.K. pound sterling. What is the return in pound sterling?

*e.50%

9.A stock in India rises 20 percent in local terms. Pound sterling rises 25 percent against the Indian rupee. What is the return in pound sterling?

*a.4%

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