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Vaniteux's Returns (B). Spencer Grant is a New York-based investor. He has been closely following his investment in 100 shares of Vantaux, a French firm

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Vaniteux's Returns (B). Spencer Grant is a New York-based investor. He has been closely following his investment in 100 shares of Vantaux, a French firm that went public in February 2010 When he purchased his 100 shares at 18.01 per share the euro was trading at $13562/E Currently, the share is trading at 29 12 per share and the dollar has fallen to $14128/8 Spencer considers selling his shares at this time but chooses not to sell them after all Me wats, expecting the share price to rise further after the announcement of quarterly caminos. His expectations are connect, and tho share price rise to e30 58 per share after the announcement The current spot exchange rate is $13112/E a. Il Spencer sells his shares today, what percentage change in the share price would he receive? b. What is the percentage change in the value of the curo versus the dollar over this same period? c. What would be the total return Spencer would earn on his shares if he sold them at these rates? Inies a. Il Spencer sols he shoes today what percentage change in the state price would be receive? The shareholder return (Round to two decimal places) le b. What is the percentage change in the value of the outo versus tho dollar over this same period? Du the percentage change in the value of tho duro versus me dollar in 1% (Round to two decimal places) c. What would be the total roturn Spencer would earn on his shares the sold them at these rates? the sold his shares today, it would yield the following amount in curos Round to two decimal places) al sta Dot modes proceeds in stores (Round to the nearescent mphre The original investment Cont) of 100 shares in various inuoc Round to wo decimal places) Cain bane Theongnal moveste conty of shares US dollars, cutted at the origini pe care sound to meet The rate of return on Spencer's investment proceeds divided by investment sound to two decimal places y of To remove ads Hy

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