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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.) Manager's Weight Manager's Return 21% 18 18 Return on E1/Eo 0.8 0.95 EAFE Weight Equity Index Europe Australasia Far East 22% 14 27 0.4 0.22 0.38 0.4 Profit/Loss Currency Selection Country Selection Stock Selection 2.401% Loss %Profit % Loss relative to EAFE relative to EAFE relative to EAFE

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