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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.) Return on Equity Index 15% Europe Australasia Far East EAFE Weight 0.2 0.5 0.3 E1/EO 1 1.3 1.2 Manager's Weight 0.35 0.12 0.53 Manager's Return 12% 15 15 15 20 X Answer is complete but not entirely correct. Profit/Loss 6.80 % Loss relative to EAFE Currency Selection Country Selection 6.85 % Profit relative to EAFE Stock Selection 1.37 X % Loss relative to EAFE

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