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The current and forward rates between the Japanese yen and the US$ are $0.110 and $0.108% respectively. If the interest rate in Japan and USA

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The current and forward rates between the Japanese yen and the US$ are $0.110 and $0.108% respectively. If the interest rate in Japan and USA are 2% and 1%. Compute yield to the US investor. a. 0.11% b. 0.19% c. 0.15% d. None of the above A firm will start paying dividend of $3 per year from year-3. The return on equity is 15% and the pay-out ratio is 60%. If the investors required rate of return is 20% compute the current price of Stock. a. $ 20.00 b. $ 21.43 c. $ 14.88 d. $ 15.00

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