Answered step by step

Verified Expert Solution

Link Copied!

Question

1 Approved Answer

Posted on Aug 15, 2024

One year ago you bought one share of TTY stock at 82 pounds in London Stock Exchange. The price is 70 pounds today. You received

One year ago you bought one share of TTY stock at 82 pounds in London Stock Exchange. The price is 70 pounds today. You received a dividend of 10 pounds per share during the period. The exchange rate was 1 pound=1.5 dollars when you bought the stock and it is 1 pound=1.6 dollars today. Calculate the realized dollar rate of return on the stock if you sell the stock today.

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

Students also viewed these Finance questions

Question

9. When carrying out a pretestposttest study, researchers often wish to: (a) Partial out the effect of the dependent variable (b) Partial out the effect of the pretest (c) Reduce the correlation...

Answered: 1 week ago

Question

★★★★★

A department of Alpha Co. incurred the following costs for the month of September. Variable costs, and the variable portion of mixed costs, are a function of the number of units of activity: Activity...

Answered: 1 week ago

Question

★★★★★

Question 2) Assume Cookie Corner completed the following transactions during 20X6, the companys fifth year of operations: Requirement 1. Analyze each transaction in terms of its effect on the...

Answered: 1 week ago

Question

★★★★★

which of the follwoing metrics as re for analytical purposes and do not show up on the 3 major financial statement check all that apply free cahs flow EBITDA GROSS PROFIT MARGIN NOPLAT

Answered: 1 week ago

Question

★★★★★

Q1. In the design of a shower head, a "flow reducer" is installed to conserve water and energy as shown in Figure 1. After installation, the flow rate, Q, is reduced by a factor of 2. Assume the...

Answered: 1 week ago

Question

★★★★★

Histogram of Wave Heights for Sheet Harbour, Halifax County 20 15- Percent 10 5 0. 0.4 0.8 1.6 2.0 2.4 Wave Height (metres) Location N Mean StDev Minimum Q1 Median Q3 Maximum Lobster Bay 319 0.4966...

Answered: 1 week ago

Question

★★★★★

2.1.35 A 1m x 1m square board is sup- ported by two strings AE and BF. The ten- sion in the string BF is 20 N. Express this tension as a vector. y E 2 m 2.5 m F 1 1 m A B plate 1 m 2 m D C x...

Answered: 1 week ago

Question

★★★★★

On January 15, 2014, Mary Barra became the chief executive officer (CEO) of General Motors, the first female CEO of a major global automaker. She is also a member of the GM board of directors....

Answered: 1 week ago

Question

★★★★★

Emily needs your help with building a display for cakes. She wants to include a small roof over the display to provide some shade and protection from the elements. She is trying out different...

Answered: 1 week ago

Previous Question Next Question