FREE Trial
Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

A Bangladeshi investor purchased Wal-Mart share at $150 when the exchange rate was Tk 80 per dollar. Later the share was sold at $180 and

A Bangladeshi investor purchased Wal-Mart share at $150 when the exchange rate was Tk 80 per dollar. Later the share was sold at $180 and received $20 dividend during the holding period. By that time dollar value went up to Tk 82. Calculate the return relative denominated in Taka and dollar?

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Personal Finance

Personal Finance

Authors: Thomas Garman, Raymond Forgue

12th edition

ISBN: 9781305176409, 1133595839, 1305176405, 978-1133595830

More Books

Students also viewed these Finance questions

Question

★★★★★
FunLand Inc. is a retailer of toys and games. FunLand's beginning inventory is $160,000 and its purchases during the year are $500,000. Its ending inventory is $60,000. Make the closing entries...

Answered: 1 week ago

Question

★★★★★
Growth Enterprises believes its latest project, which will cost $80,000 to install, will generate a perpetual growing stream of cash flows. Cash flow at the end of the first year will be $9,000, and...

Answered: 1 week ago

Question

★★★★★
3. How much say do you think a team member should have when roles are designated? Should this be the exclusive choice of the team leader?

Answered: 1 week ago

Question

★★★★★
Lafluer Manufacturing incurs unit costs of $7.50 ($4.50 variable and $3 fixed) in making a sub-assembly part for its finished product. A supplier offers to make 10,000 of the assembly part at $5 per...

Answered: 1 week ago

Question

★★★★★
A Bangladeshi investor purchased Wal-Mart share at $150 when the exchange rate was Tk 80 per dollar. Later the share was sold at $180 and received $20 dividend during the holding period. By that time...

Answered: 1 week ago

Question

★★★★★
In a given production process, each item goes through two manufacturing stages. At the end of each stage, they are reprocessed in the same stage with probability 0.2, discarded with probability 0.10,...

Answered: 1 week ago

Question

★★★★★
Parker Company has begun construction of a new corporate headquarters at a site just outside of San Francisco. The building itself will be of a special frame action design due to the earthquake zone....

Answered: 1 week ago

Question

★★★★★
Sue is making a kite The vertical stick is 90 cm long and the horizontal stick is 80 cm long They intersect at a right angle 60 cm from the bottom of the vertical stick The vertical stick bisects the...

Answered: 1 week ago

Question

★★★★★
Listening for compassion requires 3 things: recognizing, relating and Group of answer choices reacting relaxing redressing researching

Answered: 1 week ago

Question

★★★★★
It is a violation of the Liquor Licence Act (LLA) to serve alcohol to which of the following people? A customer who has arrived with an underage friend. A customer who has a high BAC and is rated Red...

Answered: 1 week ago

Question

★★★★★
In the case: In deep Water: Boardroom Tussle at Asia Water Technology - Whether Venkataramana should have petitioned for unfair prejudice remedy instead of trying to remove the directors of Asia...

Answered: 1 week ago

Previous QuestionNext Question