During 2018, Toyota Motor Company shares went from 7,500 to 6,500, while paying a dividend of 220.

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During 2018, Toyota Motor Company shares went from ¥7,500 to ¥6,500, while paying a dividend of ¥220. At the same time, the exchange rate went from $1 = ¥113 to $1 = ¥109.

a. What was the total dollar return, in percent, on Toyota stock for the year?

b. What was the yen return, in percent, for the same period?

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Multinational Financial Management

ISBN: 9781119559900

11th Edition

Authors: Alan C Shapiro, Paul Hanouna

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Question Posted: Feb 29, 2024 05:00 AM

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During 2018, Toyota Motor Company shares went from 7,500 to 6,500, while paying a dividend of 220.

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Multinational Financial Management

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