6. Determine whether the stock performance of each of your foreign firms is influenced by the exchange rate movements of the firms local currency against the U.S. dollar. You can convert the foreign currency of concern to U.S. dollars and determine the exchange rate movements over the period in which you invested in the stock. Provide your assessment of the relationship between the currencys exchange rate movements and the performance of the stock over the investment period. Do you see the same or different relationship between exchange rate and stock price during last year? Attempt to explain the relationship that you just found.

Stocks are: AstraZeneca (UK) and Novo Nordisk (Denmark)