What was the companys rate of return in dollars on this


Suppose an MNC invested $100,000 of its dollar reserves in the Mexican stock market. One year later, the value (in Mexican pesos) of its Mexican investments has increased 65%. During the same year, the U.S. dollar appreciated by 25% against the peso (i.e., pesos per dollar increased by 25%). What was the company's rate of return (in dollars) on this investment?

Request for Solution File

Ask an Expert for Answer!!
Financial Management: What was the companys rate of return in dollars on this
Reference No:- TGS02340158

Expected delivery within 24 Hours