Lisa invested in 4,000 shares in a company for ISK. 20,000,000 a year ago. She received ISK.
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Question:
Lisa invested in 4,000 shares in a company for ISK. 20,000,000 a year ago. She received ISK. 2,400,000 in dividends for the year. The value of each share has risen by 8% this year.
a) What was the total benefit in ISK (Monetary Return) from this investment and from each holding after this one year?
b) What was the amount of exchange rate gain in ISK in total and from each holding?
c) What was the percentage return from this investment in total and due to the exchange rate gain on the one hand and the dividend payment on the other hand?
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ISBN: 9781506388595
1st Edition
Authors: Alfred A. Marcus, Timothy J. Hargrave
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