Bouderi's portfolio was hedged with a 50 percent hedge ratio. Examining just his U.S. equity exposure of

Question:

Bouderi's was hedged with a 50 percent hedge ratio. Examining just his U.S. equity exposure of A $285,000. Suppose he sold U.S. dollars forward at A$: US$ = 0.56 forward rate. Over his performance measurement period, the moved to A$:US$ = 0.50. What would the currency hedge have contributed in negative performance to the un-hedged U.S. equity return?
Exchange Rate
The value of one currency for the purpose of conversion to another. Exchange Rate means on any day, for purposes of determining the Dollar Equivalent of any currency other than Dollars, the rate at which such currency may be exchanged into Dollars... Portfolio
A portfolio is a grouping of financial assets such as stocks, bonds, commodities, currencies and cash equivalents, as well as their fund counterparts, including mutual, exchange-traded and closed funds. A portfolio can also consist of non-publicly...