Exhibit 8 Prices on Royal Dutch and Shell, January 3, 1996Security Price/Location1. Quoted share price in Europe2. Exchange Rate3. Imputed US$ price of shares in Europe (1/2)4. Number of shares in Europe to that in US5. Imputed US$ price of shares in Europe (3 x 4)6. Quoted US$ price of shares in New York7. Geographic differential (5/6 - 1)8. Royal Dutch / Shell equivalent priceEuropeNew York9. Royal Dutch / Shell Differential (8a/8b)EuropeNew Yorka Prices from close of Amsterdam and London markets, respectively.b fl represents Netherlands guilders.Quoted at 3:00 p.m., New York time.dPrices from close of New York market.Royal Dutch(a)Shell(b)f1227.800°£8.63001.6114 (fl/US$)0.6443 (£/US$)$141.368$13.39416$141.368$80.366$141.375$81.875-0.01%-1.84%$141.368$124.222$141.375$126.55413.80%11.71%e According to the alliance between Royal Dutch and Shell, one share of Royal Dutch received the cash flows of1.5457 Shell ADRs.

1. Quoted Share Price in Europe: This is the price of Royal Dutch shares as quoted in Europe, which…

Answered: Exhibit 8 Prices on Royal Dutch and…

Fundamentals of Financial Management, Concise Edition (MindTap Course List)

9th Edition

ISBN:9781305635937

Author:Eugene F. Brigham, Joel F. Houston

Publisher:Eugene F. Brigham, Joel F. Houston

Chapter17: Multinational Financial Management

Section: Chapter Questions

Problem 4DQ

See similar textbooks

Similar questions

Question 3 The table below provides the end-of-year share prices (in GB pence) for Centrica plc and National Express Group plc the end-of-year values for the FTSE 100 Index, which is a proxy for the market portfolio, M. | YEAR Centrica plc National Express Group plc Market Portfolio, M 2002 224.7 292.6 187.4 337.7 465.2 451.7 3940.4 151.5 199.5 2003 4476.9 2004 4814.3 2005 2006 205.8 5618.8 6220.8 6456.9 4434.2 235.5 2007 2008 327.6 293.0 256.1 268.1 545.4 607.1 2009 168.8 5412.9 207.1 243.6 216.1 5899.9 5572.3 5897.8 6749.1 2010 2011 2012 2013 317.8 291.6 348.3 309.6 292.5 204.0 223.5 133.1 206.5 2014 290.9 6566.1 6242.3 7142.8 7687.8 6728.1 7542.4 2015 2016 2017 254.9 301.9 337.8 2018 366.2 2019 136.1 393.9 Source: Yahoo Finance. Required: (a) Calculate the systematic risk (B2 x a, the non-systematic risk (o) – (B? x o2) and the total risk (of) of the equity shares of Centrica and National Express Group. (b) Which company's returns are better explained by the market's returns? (c)…
(ii) Portfolio Investment -306 125 Assets -153 -556 Liabilities -154 681 Portfolio Investments Assets -153 implies that the possible transaction could be of the following type Select one: O a. Omani Company sold shares in a foreign stock exchange O b. Omani Company purchased shares from a foreign stock exchange O c. None of these O d. Foreign Companies sold shares in MSM O e. Foreign Companies bought shares in MSM
Question 3 The table below provides the end-of-year share prices (in GB pence) for Centrica plc and National Express Group plc the end-of-year values for the FTSE 100 Index, which is a proxy for the market portfolio, M. YEAR Centrica plc National Express Group plc Market Portfolio, M 2002 224.7 151.5 199.5 205.8 292.6 187.4 3940.4 2003 4476.9 4814.3 5618.8 6220.8 6456.9 4434.2 5412.9 2004 337.7 2005 2006 2007 2008 235.5 327.6 293.0 256.1 465.2 451.7 545.4 607.1 168.8 207.1 243.6 2009 2010 2011 2012 2013 268.1 317.8 291.6 348.3 309.6 5899.9 5572.3 5897.8 6749.1 216.1 206.5 290.9 2014 6566.1 6242.3 7142.8 2015 292.5 254.9 2016 204.0 301.9 223.5 133.1 136.1 2017 337.8 7687.8 2018 366.2 393.9 6728.1 7542.4 2019 Source: Yahoo Finance. Required: (a) Calculate the systematic risk (82 x o, the non-systematic risk (o2) – (8? x o?) and the total risk (of) of the equity shares of Centrica and National Express Group. (b) Which company's returns are better explained by the market's returns? (c)…
STOCK MARKET INDEX 6:15 OF THE ABOVE 0 49| 48% OO 6. What is the main platform for bonds or fixed income securities in the Philippines? A. BUREAU OF TREASURY B. PHILIPPINE DEALING AND EXCHANGE CORPORATION C. NONE OF THE ABOVE 7. What governs the stock market in the Philippines? A. PHILIPPINE DEALING AND EXCHANGE CORPORATION B. PHILIPPINE STOCK EXCHANGE C. NONE OF THE ABOVE certain financing institution declared a P10,000,000 dividend for the common stock. If there are a total of 500,000 shares of common stock, how much is the dividend per share? 8. А. 200 В. 20 С. 2 9. Your firm offers a 10-year, zero coupon bond. The yield to maturity is 8.8%. What is the current market price of a 1,000 face value bond? A. 430.24 В. 473.26 С. NONE OF THE ABOVE 10. Which refers to the money lent specifically for a business purpose? A. BUSINESS LOAN В. CONSUMER LOAN С. NONE OF THE ABOVE 11. Which refers to the money lent to an individual for personal or family purpose? A. BUSINESS LOAN В. CONSUMER LOAN…
Europe Australasia Far East Currency Selection Country Selection Stock Selection EAFE Weight 0.60 0.20 0.20 % % % Return on Equity Index 17% 15 22 Profit/Loss relative to EAFE relative to EAFE relative to EAFE E₁/E0 0.90 1.30 1.10 Manager's Weight 0.69 0.22 0.09 Manager's Return 20% 17 17
Assume the following information: Bid price of Singapore dollar Ask price of Singapore dollar Marcus Bank $0.748 $0.750 $4,000.00. $5,347.59. $2,000.00. $2,666.67. Truist Bank $0.752 $0.753 Given this information, is locational arbitrage possible? If so,compute the profit from this arbitrage if you had $1,000,000 to use.
Correlation between stock returns in different countries USA KSA Oman USA .10 .80 KSA .10 -.25 Oman .80 -25 If you are a global investor, which pair of countries would you choose and why
10. An American investor invested IS Bank A.Ş. (one of the Borsa Istanbul stock) in 03/01/2022. The investor liquidated its position (sold the stocks) in 31/12/2022. If exchange rate and stock prices as following, what is the investors return from this investment; 03/01/2022 31/12/2022 USD/TRY 13.60 18.70 ISCTR 3.20 13.01
Question 16 France has just acquired a second block of shares in Paris and as result Paris is now a subsidiary of France. France has a policy of valuing the NCI at fair value at the date of acquisition. Details of the first purchase of shares are as follows: Share capital of Paris (GHS1) GHS 20,000 Number of shares acquired last year by France 3,000 Cost of that initial investment by France GHS 6,000 Details at the date of the second purchase of shares are as follows: Fair value of the initial investment in Paris GHS 9,000 Number of extra shares acquired by France in Paris 12,000 Cost of the subsequent investment GHS 25,000 Fair value of the net assets of Paris GHS 10,000 Fair value of the NCI in Paris GHS 9,000 Required: Calculate the goodwill…
Required: Calculate the contribution to total performance from currency, country, and stock selection for the manager in the example below. All exchange rates are expressed as units of foreign currency that can be purchased with 1 U.S. dollar. (Do not round Intermediate calculations. Round your percentage answers to 2 decimal places. Input all amounts as positive values.) 23 Return on Equity Index Manager's Weight 0.11 Manager'e Return EAFE Weight E1/ E0 3 01:57:25 0.20 19% 0.80 168 Europe Australasia Far East 1.10 19 0.40 0.49 0.60 15 0.20 24 1.00 19 Profit/Loss % relative to EAFE Currency Selection % relative to EAFE Country Selection % relative to EAFE Stock Selection
Question 3 The US Treasury is conducting an auction for $1.6 billion of 90-day US Treasury Bills. What is the market- clearing price based on the following competitive bids? Firm Lubar & Co Bolton Trading Lehman Brothers Goldman Sachs Spellman and Fisher Amount ($ in millions) $700 $400 $300 Price $450 $0.9933 $600 $0.9937 $0.9941 $0.9930 $0.9936
0: خاص A moodle1.du.edu.om Question 9 Not yet answered Marked out of 1 P Flag question The process of evaluating securities by historical data like trade volume and share price data is called Select one: O a. None of the options O b. Technical Analysis O c. Fundamental Analysis O d. Quantitative Analysis Previous page Finish attempt ... ( Assignment 1 Jump to... LECTURE ► Quiz navigatton

SEE MORE QUESTIONS

Recommended textbooks for you

Fundamentals of Financial Management, Concise Edi…

Finance

ISBN:

9781305635937

Author:

Eugene F. Brigham, Joel F. Houston

Publisher:

Cengage Learning

International Financial Management

Finance

ISBN:

9780357130698

Author:

Madura

Publisher:

Cengage

Fundamentals of Financial Management, Concise Edi…

Finance

ISBN:

9781305635937

Author:

Eugene F. Brigham, Joel F. Houston

Publisher:

Cengage Learning

International Financial Management

Finance

ISBN:

9780357130698

Author:

Madura

Publisher:

Cengage

SEE MORE TEXTBOOKS