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A Peruvian investor buys 110 shares of a US. stock for $4.620 ( $42 per share) Over the course of a year, the stock goes
A Peruvian investor buys 110 shares of a US. stock for $4.620 ( $42 per share) Over the course of a year, the stock goes up by $5 per shate. a. If there is a 10 percent gain in the value of the dollar versus the Peruvan nuevo sol, what will be the total percentage refurn to the Peruvian investor? (Do not round intermediate calculations. Input your onswer os a percent rounded to 2 decimal ploces.) b. Now assume that the stock increoses by $6, but that the dollar decreases by 10 percent versus the Peruvian nuevo sol. What will be the total percentage return to the Peruvian investor? Use 90 in place of 110 in this case (Do not round intermediate calculations. Input your enswer os o percent rounded to 2 decimal places.)
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