The stock return is 154 over the same time period the eur, Financial Management

The stock return is 154 over the same time period the eur

1. At the start of the year, the exchange rate was $1.245/EUR. Now the exchange rate is $1.314/EUR. What is the percentage change in the value of the US dollar?

2. Suppose that US investor buys a European stock denominated in EUR. The stock return is 15.4%. over the same time period, the EUR deprecates 5.6%. what is the US investor’s exact dollar-denominated percentage rate of return?

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Financial Management: The stock return is 154 over the same time period the eur

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Financial Management: The stock return is 154 over the same time period the eur

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