Question: Please show me how to solve this on Excel, please? Suppose a U.S. investor wishes to invest in a British firm currently selling for 33

Please show me how to solve this on Excel, please?
Suppose a U.S. investor wishes to invest in a British firm currently selling for 33 per share. The investor has $66,000 to invest, and the current exchange rate is $2/. Consider three possible prices per share at 31, 36, and 41 after 1 year. Also, consider three possible exchange rates at $1.6/, $2/, and $2.4/ after 1 year. Calculate the standard deviation of both the pound- and dollar- denominated rates of return if each of the nine outcomes (three possible prices per share in pounds times three possible exchange rates) is equally likely. (Do not round intermediate calculations. Round your answers to 2 decimal places.) Standard deviation of pound-denominated return Standard deviation of dollar-denominated retum
Step by Step Solution
There are 3 Steps involved in it
Get step-by-step solutions from verified subject matter experts
