Question
Q.The current spot rate is INR 67.40$. the spot rate at the end of a 6 month investment horizon is INR 68/$.an investor from USA
Q.The current spot rate is INR 67.40$. the spot rate at the end of a 6 month investment horizon is INR 68/$.an investor from USA buys stocks in Indian stock market for INR 10000.At the end of 6 months he sells his investment for inr 12,000. calculate the return on his oversea portfolio .
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Financial Accounting and Reporting a Global Perspective
Authors: Michel Lebas, Herve Stolowy, Yuan Ding
4th edition
978-1408066621, 1408066629, 1408076861, 978-1408076866
