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Category > Accounting Posted 18 Jun 2017 My Price 5.00

Mr. James K. Silber, an avid international investor, just sold a share of Nestlé, a Swiss firm,

2.   Mr. James K. Silber, an avid international investor, just sold a share of Nestlé, a Swiss firm, for SF5,080. The share was bought for SF4,600 a year ago. The ex- change rate is SF1.60 per U.S. dollar now and was SF1.78 per dollar a year ago. Mr. Silber received SF120 as a cash dividend immediately before the share was sold. Compute the rate of return on this investment in terms of U.S. dollars.

 

Answers

Alpha Geek
(8)
Status NEW Posted 18 Jun 2017 05:06 AM My Price 5.00

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Attachments

file 1497764344-1395853_1_636333045929572640_Rate-of-return-on-Investment.xlsx preview (115 words )
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