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Calculate the contribution to total performance from currency, country, and stock selection for the manager in the example below. All exchange rates are expressed as

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Calculate the contribution to total performance from currency, country, and stock selection for the manager in the example below. All exchange rates are expressed as units of foreign currency that can be purchased with 1 U.S. dollar. (Do not round intermediate calculations. Round your answers to 2 decimal places. Input all amounts as positive values.) F1/EO Europe Australasia Far East EAFE Weight 0.3 0.2 0.5 Return on Equity Index 10% 16 15 1.3 0.6 1.1 Manager's Weight 0.5 0.35 0.15 Manager's Return 11% 21 21 X Answer is complete but not entirely correct. Profit/Loss relative to EAFE 29.50 X % Loss Currency Selection Country Selection Stock Selection 3.65 X % Loss Profit relative to EAFE relative to EAFE 3.15 %

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