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MCS,PHD
Argosy University/ Phoniex University/
Nov-2005 - Oct-2011
Professor
Phoniex University
Oct-2001 - Nov-2016
Calculate the dollar rates of return on the following assets: a. A painting whose price rises from 5200,000 to 5250.000 in a year. ,PTEP r 3 Exchange Rates and the Foreign Exchange Market: An Asset Approach 345
b. A bottle of a rare Burgundy. Domain dc la Romande-Conti 1978. whose price rises from $225 to 5275 between 2010 and 2011.
c. A £10.000 deposit in a London bank in a year when the interest rate on pounds is 10 percent and the AIL exchange rate moves from $1.50 per pound to $1.38 per pound.
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