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8. Calculate the contribution to total performance from currency, country, and stock selection for the manager in the following table. All exchange rates are expressed
8. Calculate the contribution to total performance from currency, country, and stock selection for the manager in the following table. All exchange rates are expressed as units of foreign currency that can be purchased with one U.S. dollar. EAFE Weight Return on Equity Index Manager's Weight Manager's Return E/E 0.30 20% 0.9 Europe Australia Far East 0.35 0.15 18% 20 0.10 15 1.0 0.60 25 1.1 0.50 20
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