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Part V. ADRs (15 points) Today, the stock price of Genevo Company (based in Switzerland) is priced at Swiss franc (SFr) 100 per share. The

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Part V. ADRs (15 points) Today, the stock price of Genevo Company (based in Switzerland) is priced at Swiss franc (SFr) 100 per share. The spot rate of the SFr is $0.80. During the next year, vou expect that the stock price of Genevo Company will decline by 2%. You also expect that the Swiss franc will depreciate against the U.S. dollar by 6% during the next vear. You own American depository receipts (ADRs) that represent Genevo stock. Each share that you own represents one share of the stock traded on the Swiss stock exchange. What is the estimated value of the ADR per share in one year

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