Question
Mr. James K. Silber, an avid international investor, just sold a share of Nestl, a Swiss firm, for SF5, 080. The share was bought for
Mr. James K. Silber, an avid international investor, just sold a share of Nestl, a Swiss firm, for SF5, 080. The share was bought for SF4,600 a year ago. The exchange rate is SF1.60 per U.S. dollar now and was SF1.78 per dollar a year ago. Mr. Silber received SF120 as a cash dividend immediately before the share was sold. Compute the rate of return on this investment in terms of U.S. dollars
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Machine Learning In Finance From Theory To Practice
Authors: Matthew F Dixon, Igor Halperin, Paul Bilokon
1st Edition
3030410676, 978-3030410674
