Business
Business, 12.12.2019 00:31, annrawcliffe

Assume that you have invested $100,000 in british equities. when purchased the stock's price and the exchange rate were £50 and £0.50/$1.00 respectively. at selling time, one year after purchase, they were £60 and £0.60/$1.00. if the investor had sold £50,000 forward at the forward exchange rate of £0.55/$1.00. the dollar rate of return would be:

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Assume that you have invested $100,000 in british equities. when purchased the stock's price and the...

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