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Using the following information, calculate the Total Return to the U.S. investor in terms 1) Swiss Francs (SWF) and 2) U.S. Dollars. One (1) year
Using the following information, calculate the Total Return to the U.S. investor in terms 1) Swiss Francs (SWF) and 2) U.S. Dollars. One (1) year ago, you purchased 1 share of Novartis AG at a price of SWF 25. The exchange rate between the SWF/USD was $0.89 per SWF today; you decided to sell the 1share for SWF 23. The exchange rate today is $1.05 per SWF Total Return in SWF: ____ Total Return in USD
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