Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Jun 15, 2024

Lisa Brown, an Australian investor, bought a French -based investment at a price of EUR105,000. One year later, Lisa Brown sold the investment for EUR136,500.

Lisa Brown, an Australian investor, bought a French -based investment at a price of EUR105,000. One year later, Lisa Brown sold the investment for EUR136,500. Over the time of her investment, the EUR / AUD exchange rate rose by 25%.What was Lisa's overall percentage return in AUD? Show all calculations, and the answer as a percentage correct to 2 decimal places.

I want to know how to calculate

Step by Step Solution

There are 3 Steps involved in it

Step: 1

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

Step: 3

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Calculus Early Transcendentals

Authors: James Stewart

7th edition

538497904, 978-0538497909

Students also viewed these Accounting questions

Question

★★★★★

Describe the phenomenon that gives rise to learning curves. To what type of costs do learning curves apply?

Answered: 1 week ago

Question

★★★★★

Let A be a symmetric positive definite n n matrix. Show that A can be factored into a product QQT, where Q is an n n matrix whose columns are mutually orthogonal.

Answered: 1 week ago

Question

★★★★★

6. Which parts of each childs program would assist Ms. Morris in better understanding her students before they begin the school year? What is the real problem here? How would you help the students...

Answered: 1 week ago

Question

★★★★★

Joseph and Erica, husband and wife, jointly own all of the stock in Velvet Corporation. The two are currently involved in divorce proceedings, and pursuant to those negotiations, they have agreed...

Answered: 1 week ago

Question

★★★★★

1st pic 1st question // 2nd and 3rd pic 2nd question // 4th and 5th pic 3rd question help please!! Entries for Factory costs and Jobs Completed Collegiate Publishing Inc. began printing operations on...

Answered: 1 week ago

Question

★★★★★

The Office of Personnel Management (OPM) has made a significant impact on the strategic management of human capital government-wide. OPM's reorganization facilitated this impact by creating three...

Answered: 1 week ago

Question

★★★★★

Problem 6 What is the total cost of food issue requisition, given the following? Item Begin Inventory Unit Cost No. Units Issued Total Cost $39.95 1-5/6 Tomato Paste cs-6/#10 Canned Peaches cs-6/#10...

Answered: 1 week ago

Question

★★★★★

CL I P COL Astro- L(1-cas0) Lsing *A=2 L sin(0/2)

Answered: 1 week ago

Question

★★★★★

1) The standard solution of today's search engines is based on certain indexing techniques. How would knowledge have to be structured according to the ideas of Vanevar Bush or Ted Nelson if their...

Answered: 1 week ago

Question

★★★★★

do it fast The following cost data for the current year relate to Puzzle Puppies Pty Ltd, a manufacturer of jigsaw puzzles: Wages for assembly line staff Material cost of cardboard Wages of factory...

Answered: 1 week ago

Question

★★★★★

Suppose that the amount of taxes in the US is equal to $1800. Suppose that the government expenditures is equal to $1800. In addition, you know that the current level of debt in the US is equal to...

Answered: 1 week ago

Question

★★★★★

Provide at least one clear practice/strategy for the behaviour of supporting open sharing and communication in the team, that would enable you to model leadership qualities

Answered: 1 week ago

Previous Question Next Question