User Account

All Pages

Compute investor rate of return on the euro

Assignment Help Finance Basics
Reference no: EM133000157

In August 2020, an Egyptian investor chooses to invest 11,448,000 Egyptian Pounds in European equity securities at a then current spot rate of 19.08 EGP/€. In one year, the spot rate is 19.38 EGP/€. At an average price of €25/share and selling the stock in one year at an average price per share of €30, what was the investor's rate of return on the Euro when closing out the trade (before converting the proceeds back into Egyptian Pounds)? (Answer in percent, without a percentage sign, and rounded to two decimals.)

Reference no: EM133000157

Questions Cloud

Types of problems experienced in the mortgage : Develop recommendations that would protect against the types of problems experienced in the mortgage securities market from 2006-2009.
Comparable bond in the united states : Suppose that the current exchange rate between the yen and the dollar is ¥95=?$1 and that the interest rate is 6?% on a? one-year bond in Japan and 5?% on a com
Calculate the amount of the lease payments for five years : Calculate the amount of the lease payments for each of the 5 years assuming the company uses a rate of 8% and lease payments are due at the beginning of period
Describe starlink satellite network : Describe Starlink satellite network (an internet provider program of SpaceX)'s funding path in detail, including seed funding, series A,B,C funding, and how it
Compute investor rate of return on the euro : In August 2020, an Egyptian investor chooses to invest 11,448,000 Egyptian Pounds in European equity securities at a then current spot rate of 19.08 EGP/€.
What the future dollar cost of meeting the chf obligation : What the future dollar cost of meeting this CHF obligation if you decide to hedge using a forward contract is USD? You plan to visit Geneva.
How much will a firm need in cash flow before tax : How much will a firm need in cash flow before tax and interest to satisfy debt holders and equity holders if: the tax rate is 40%, there is $10 million in commo
When would you use a breusch-pagan test : When would you use a Breusch-Pagan test
Describe why might the revenue and cost of figures shown : Describe Why might the revenue and cost of figures shown on a standard statement of comprehensive income not be representative of the actual inflows

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd