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A US investor, buys a share of a Euro stock at Euro 48 and sells the stock one year later after collecting a Euro 3
A US investor, buys a share of a Euro stock at Euro 48 and sells the stock one year later after collecting a Euro 3 dividend per share (pays at YE). Suppose his USD return is -1% and he uses the spot rate of $1.15= Euro1 and forward market of $1.17=Euro1. In Euro, what is his stock selling price, nearest cents
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The Handbook Of Alternative Assets
Authors: Peter Temple
1st Edition
161477076X, 978-1906659219
