Question
Question 16. You are offered an amazing investment opportunity. It's a one-year investment in South African real estate. The investment yields 15% in South African
Question 16.
You are offered an amazing investment opportunity. It's a one-year investment in South African real estate. The investment yields 15% in South African Rand (ZAR). When the year has gone, you calculate the return on investment given the following information:
| E(r) for the investment | 15% |
| Rf | 2% |
| ZAR/SEK last year | 0.65 |
| ZAR/SEK now | 0.7 |
a) What was your return on this investment, in percent?
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The Mining Valuation Handbook Mining And Energy Valuation For Investors And Management
Authors: Victor Rudenno
4th Edition
0730377075, 978-0730377078
