Calculate the contribution to total performance from currency, country, and stock selection for the manager in the example below. All exchange rates are expressed as units of foreign currency that can be purchased with 1 U.S. dollar. (Do not round intermediate calculations. Round your percentage answers to 2 decimal places. Input all amounts as positive values.) Europe Australasia Far East Currency Selection Country Selection Stock Selection CAFE Weight 0.10 0.10 0.80 % Return on Equity Index 20% 14 25 Profit/Loss relative to EAFE relative to EAFE relative to EAFE Ey/Ea 0.70 1.00 1.10 Manager's Weight 0.11 0.45 0.44 Manager's Return 22% 14 14
Calculate the contribution to total performance from currency, country, and stock selection for the manager in the example below. All exchange rates are expressed as units of foreign currency that can be purchased with 1 U.S. dollar. (Do not round intermediate calculations. Round your percentage answers to 2 decimal places. Input all amounts as positive values.) Europe Australasia Far East Currency Selection Country Selection Stock Selection CAFE Weight 0.10 0.10 0.80 % Return on Equity Index 20% 14 25 Profit/Loss relative to EAFE relative to EAFE relative to EAFE Ey/Ea 0.70 1.00 1.10 Manager's Weight 0.11 0.45 0.44 Manager's Return 22% 14 14
Essentials Of Investments
11th Edition
ISBN:9781260013924
Author:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Publisher:Bodie, Zvi, Kane, Alex, MARCUS, Alan J.
Chapter1: Investments: Background And Issues
Section: Chapter Questions
Problem 1PS
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Calculate the contribution to total performance from currency, country, and stock selection for the manager in the example below.
All exchange rates are expressed as units of foreign currency that can be purchased with 1 U.S. dollar. (Do not round intermediate
calculations. Round your percentage answers to 2 decimal places. Input all amounts as positive values.)
Europe
Australasia
Far East
Currency Selection
Country Selection
Stock Selection
CAFE Weight
0.10
0.10
0.80
%
***
%
%
Return on Equity Index
20%
14
25
Profit/Loss
relative to EAFE
relative to EAFE
relative to EAFE
Ey/Ee
0.70
1.00
1.10
Manager's Weight
0.11
0.45
Manager's Return
22%
14
14
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