Solution-What is tyrone one-year us rate of return

What is tyrone one-year us rate of return

Reference no: EM132355651

Tyrone - a US investor - invests in his friend Richard Burton's country - UK. Tyrone has $20,000 to invest. He converts all the money to pounds and buys with all of it BP shares selling at £50 per share. After a year he sells all BP shares at £55 per share. If exchange rate at time 0 was $2.00 per £, and $2.10 per £ at the end of the year, what is Tyrone's one-year US rate of return?

(a) Find £ obtained:

(b) Find # of BP shares bought:

(d) Find $-denominated return:

Reference no: EM132355651

Questions Cloud

Identify problem statement on a terrorist financing issue : Identify and craft a clear Problem Statement on a terrorist financing issue. Introduce the issue and why it is important. Research and develop further.

Design a python program with a loop that asks the user : Design a python program with a loop that asks the user to enter a series of positive numbers.The user should enter a negative number to signal the end of series

What is the real rate of return for the stock : During the same period, a stock increases in price for $100 to $111.0. What is the real rate of return for the stock for the 3 month period?

Write program for professor at college that allows him : Write program for Professor at College that allows him to keep a record of the students' average grade in his class.Write full correct Python program.

What is tyrone one-year us rate of return : If exchange rate at time 0 was $2.00 per £, and $2.10 per £ at the end of the year, what is Tyrone's one-year US rate of return?

Identify empathy skills in interpersonal and group settings : Identify empathy skills in interpersonal and group settings (e.g., one-on-one client interaction, facilitating a group session, etc.) that you might use.

Calculate total profit or loss using arithmetic expression : Write a complete Python program that does the following Sam HouseFlipper purchased a house on Cesar. The total profit or loss that Sam made on this house

Describe the behavioral goal you set for rad : Describe the behavioral goal you set for Rad in Assignment #1. Choose Bruner's Theory of cognitive development, and explain the fundamental tenets.

How do you go about finding the index of ?extra? ?element : Given? ?two? ?sorted? ?lists with only one ?difference? ?between? ?the? lis?ts, which is an extra element, ?how do you go about finding the index of the ?extra?

User Account

All Pages

What is tyrone one-year us rate of return

Reference no: EM132355651

Reference no: EM132355651

Questions Cloud

Reviews

Write a Review

Finance Basics Questions & Answers

Triangular arbitrage you obtain the following quotes from

Discuss the admission and charge capture processes explain

Discuss factors used to classify retail establishments

Your need to repay a loan with a future value of 30407100

International financial reporting standards for publicly

Which one of two securities do you recommend firm purchase

Analyze the approaches to capital structure decisions

Which card offers the better deal and why

Select one of the laws listed below and explain how it has

Calculate the next expected dividend

What is your evaluation of megan''s political skill

Calculate the total interest and fees

Assured A++ Grade

Academics

Major Subjects

Majors

Get In Touch

TERMS & POLICIES

HELP & SUPPORT