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w ord Spencer Grant and Vaniteux (A). Spencer Grant is a New York-based investor. He has been closely following his investment in 100 shares of

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w ord Spencer Grant and Vaniteux (A). Spencer Grant is a New York-based investor. He has been closely following his investment in 100 shares of Vanitoux, a French firm that went public in February 2010. When he purchased his 100 shares at 18.15 per share, the euro was trading at $1.3527/. Currently, the share is trading at 29.17 per share, and the dollar has fallen to $1.3984/. a. If 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 euro 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? a. If Spencer sells his shares today, what percentage change in the share price would he receive? The shareholder return is 55.20% (Round to two decimal places.) b. What is the percentage change in the value of the euro versus the dollar over this same period? The percentage change in the value of the euro versus the dollar is 68.13%. (Round to two decimal places.) c. What would be the total return Spencer would earn on his shares if he sold them at these rates? If he sold his shares today, it would yield the following amount in euros (Round to two decimal places) The sales proceeds in U.S. dollars is 5 (Round to the nearest cent) The original investment (cost) of 100 shares in Vanite in euros is (Round to two decimal places) The original investment (cost) of shares in US dollars, calculated at the original spot rate is (Round to the nearest cent) The rate of return on Spencer's investment, not proceeds divided by Initial investment is % (Round to two decimal places) Spencer Grant and Vaniteux (A). Spencer Grant is a New York-based investor He has been closely following his investment in 100 shares of Vaniteux, a French firm that went public in February 2010. When he purchased his 100 shares at 18.15 per share, the euro was trading at $1.3527/. Currently, the share is trading at 29. 17 per share, and the dollar has fallen to 51.39847. a. If 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 euro 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

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