Maurice Tutor

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Algebra,Applied Sciences,Biology,Calculus,Chemistry,Economics,English,Essay writing,Geography,Geology,Health & Medical,Physics,Science Hide all
Teaching Since: May 2017
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  • MCS,PHD
    Argosy University/ Phoniex University/
    Nov-2005 - Oct-2011

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  • Professor
    Phoniex University
    Oct-2001 - Nov-2016

Category > Accounting Posted 18 Aug 2017 My Price 12.00

shares of Delton Cables,

1) Mary Chalmers , who lives in Minnesota, purchased 100 shares of Delton Cables, a diversified machinery company headquartered in Germany. She purchased the stock in January of 2011 for Ac‚¬62.50 per share when the exchange rate was at $1.330/Ac‚¬. Today, the stock is trading for Ac‚¬68.00 per share and the exchange rate is $1.48/Ac‚¬. If Mary sells her shares today, what is the total return on her investment?

A) 11.28%

B) 20.08%

C) 8.80%

D) 26.41%

Answer: B but how? can you show me the steps!!!

2) Mary Chalmers , who lives in Minnesota, purchased 100 shares of Delton Cables, a diversified machinery company headquartered in Germany. She purchased the stock in January of 2011 for Ac‚¬62.50 per share when the exchange rate was at $1.330/Ac‚¬. Today, the stock is trading for Ac‚¬68.00 per share and the exchange rate is $1.48/Ac‚¬. If Mary sells her shares today, what is the return on her investment due to changes in the exchange rate?

A) 11.28%

B) 20.08%

C) 8.80%

D) 26.41%

Answer: A

Show steps please

3) Mary Chalmers , who lives in Minnesota, purchased 100 shares of Delton Cables, a diversified machinery company headquartered in Germany. She purchased the stock in January of 2011 for Ac‚¬62.50 per share when the exchange rate was at $1.330/Ac‚¬. Today, the stock is trading for Ac‚¬68.00 per share and the exchange rate is $1.48/Ac‚¬. If Mary sells her shares today, what is the return on her investment due to price appreciation of the stock?

A) 11.28%

B) 20.08%

C) 8.80%

D) 26.41%

Show steps please. its all i need

Answers

Maurice Tutor
(5)
Status NEW Posted 18 Aug 2017 09:08 PM My Price 12.00

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