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. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Input all amounts as positive values. Return on EAFE Weight Equity Index E1E0 Manager's Weight Manager's Return Europe Australasia Far East 0.2 19% 0.80 0.11 16% 0.6 15 1.10 0.40 19 0.2 24 1.00 0.49 19 Currency Selection Country Selection Stock Selection % % % Profit or Loss relative to EAFE relative to EAFE relative to EAFE

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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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.
Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Input all amounts as positive values.
Return on
EAFE Weight Equity Index
E1E0
Manager's
Weight
Manager's
Return
Europe
Australasia
Far East
0.2
19%
0.80
0.11
16%
0.6
15
1.10
0.40
19
0.2
24
1.00
0.49
19
Currency Selection
Country Selection
Stock Selection
%
%
%
Profit or Loss
relative to EAFE
relative to EAFE
relative to EAFE
Transcribed Image Text: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. Note: Do not round intermediate calculations. Round your answers to 2 decimal places. Input all amounts as positive values. Return on EAFE Weight Equity Index E1E0 Manager's Weight Manager's Return Europe Australasia Far East 0.2 19% 0.80 0.11 16% 0.6 15 1.10 0.40 19 0.2 24 1.00 0.49 19 Currency Selection Country Selection Stock Selection % % % Profit or Loss relative to EAFE relative to EAFE relative to EAFE
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