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1. BierCo is a beer company based in Germany. You purchased the stock five (5) years ago for 127.37 Euros when the exchange rate was

1. BierCo is a beer company based in Germany. You purchased the stock five (5) years ago for 127.37 Euros when the exchange rate was 1.11 USD/EUR. Today BierCos price is 132.65 Euros and the exchange rate is 1.59 USD/EUR. What is the dollar-denominated average annual return?

Express your answer in decimal format, e.g., enter 0.0123 to represent 1.23%.

[Hint: You could use map this problem into the fab 5.]

2. What was Acme Inc.'s internal growth rate (IGR) given the following return on equity (ROE), return on assets (ROA), and dividend payout ratio (DPR) information:

Item Value
ROE 49.67 %
ROA 15.06 %
DPR 29.97 %

3. Given the following 5 years of data, compute the geometric mean:

t 1 2 3 4 5
TR 14.45 % -0.83 % 19.74 % 7.86 % 13.78 %

Express your answer in decimal notation, e.g., enter 0.0123 to represent 1.23%.

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