Question: In-class Assignment 12/2 Please show your work using formula! (clmphax in 121) 1. Astock in India rises 20% in local terms. The Indian rupee rises

In-class Assignment 12/2 Please show your work using formula! (clmphax in 121) 1. Astock in India rises 20% in local terms. The Indian rupee rises 25% against the L.K. puund sterling. What is the return in pound sterling? 2. What is the variance on the Indiun (Rp - rupee) stock market to a Canadian investor if Vari Rp) = 0.105. Var(CSRP) = 0.088, and the local Indian stock market is independent of the value of the rupeer

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