Question
Answer the following question concerning the rate of return of an Australian investor who invests in the France. After 1 year of investment, the investor
Answer the following question concerning the rate of return of an Australian investor who invests in the France. After 1 year of investment, the investor finds that the return denoted in Euro is -1.8%. The exchange rates are 1 Euro to 1.317 AUD at the start of the year, and 1 Euro to 1.594 AUD at the end of the year. What is the return in domestic currency (i.e. AUD) in % and two decimal places?
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Marketplace Lending Financial Analysis And The Future Of Credit Integration Profitability And Risk Management
Authors: Ioannis Akkizidis, Manuel Stagars
1st Edition
1119099161, 978-1119099161
