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Jason has invested 10,000 into a 50 British stock one year ago. The exchange rate is 1.30/ now and was 1.25/ a year ago. The
Jason has invested 10,000 into a 50 British stock one year ago. The exchange rate is 1.30/ now and was 1.25/ a year ago. The British stock pays a 1 dividend, and sells for 54 today. Meanwhile, Jason also sold 8,800 forward at the forward rate of 1.28 per pound. Help Jason to calculate the euro-based return that he would have realized. Jason has invested 10,000 into a 50 British stock one year ago. The exchange rate is 1.30/ now and was 1.25/ a year ago. The British stock pays a 1 dividend, and sells for 54 today. Meanwhile, Jason also sold 8,800 forward at the forward rate of 1.28 per pound. Help Jason to calculate the euro-based return that he would have realized
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