2.) One year ago you bought the common stock of Taiho at ¥2000 in Tokyo Stock Exchange. The price increased up ¥2100 today. You received a dividend of ¥120 per share during the period. The exchange rate was ¥100 = $1 when you bought the stock and it changed to ¥80 = $1 today. Calculate the realized dollar rate of return on the stock for the year. A.) 34.87%B.) -36.32% C.) -24.65%D .) 38.75% E.) 42.65%
2.) One year ago you bought the common stock of Taiho at ¥2000 in Tokyo Stock Exchange. The price increased up ¥2100 today. You received a dividend of ¥120 per share during the period. The exchange rate was ¥100 = $1 when you bought the stock and it changed to ¥80 = $1 today. Calculate the realized dollar rate of return on the stock for the year. A.) 34.87%B.) -36.32% C.) -24.65%D .) 38.75% E.) 42.65%
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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