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b. A year ago, John invested in a share of Vobka, a Russian Company. Over the last the share increase the value by 35%,
b. A year ago, John invested in a share of Vobka, a Russian Company. Over the last the share increase the value by 35%, how Russian Rouble's value decline by 30% what is the rate of return from this investment? c. Reuk (1+0.35)(1-0.30e,)-1=-0.055 d. =-5.55% e. Why?
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Fundamentals of Investments
Authors: Gordon J. Alexander, William F. Sharpe, Jeffery V. Bailey
3rd edition
132926172, 978-0132926171
