Question #13

13. A US investor just sold a share of Zurich Insurance, a Swiss firm, for 375 Swiss francs. The share was bought for 300 francs a year ago. The exchange rate is 1.08 US dollars per franc now and was 1.2 dollars per franc a year ago. Compute the rate of return in terms of dollars. a. -10% b. 10% c. 12.5% d. 25% 14. Which of the following does not exemplify cross-listing for US investors? a. American depository receipts b. Global registered shares c. Yankee stock offerings d. iShares MSCI country 15. Consider a US industry comprised of four firms, with market shares of 10%, 30%, 20%, and 10% Testivaly The Horfin dahil sa