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 answers to 2 decimal places. Input all amounts as positive values.) Return on EAEE Meight Equity Index 14 14 Manager's Weight Manager's Return Europe Australasia 0.1 0.6 1.2 0.95 1.4 0.45 0.56 -0.01 161 21 21 Far East 0.3 19 Profit/Loss Currency Selection Country Selection Stock Selection relative to EAFE relative to EAFE relative to EAFE
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 answers to 2 decimal places. Input all amounts as positive values.) Return on EAEE Meight Equity Index 14 14 Manager's Weight Manager's Return Europe Australasia 0.1 0.6 1.2 0.95 1.4 0.45 0.56 -0.01 161 21 21 Far East 0.3 19 Profit/Loss Currency Selection Country Selection Stock Selection relative to EAFE relative to EAFE relative to EAFE
Managerial Economics: Applications, Strategies and Tactics (MindTap Course List)
14th Edition
ISBN:9781305506381
Author:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Publisher:James R. McGuigan, R. Charles Moyer, Frederick H.deB. Harris
Chapter5: Business And Economic Forecasting
Section: Chapter Questions
Problem 2E
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Question
![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 answers to 2 decimal places. Input all amounts as positive values.)
Return on
Manager's
Weight
0.45
Manager's
Return
EAEE Meight Equity Index
Europe
Australasia
0.1
14
14
1.2
0.6
0.3
0,95
1.4
0.56
-0.01
161
21
21
Far East
19
Profit/Lose
Currency Selection
Country Selection
relative to EAFE
relative to EAFE
relative to EAFE
Stock Selection](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Feeba54a3-8014-4da9-9448-7574d4f77270%2Fdadf8847-c1a3-4e53-90b3-1f4b7c2341cb%2Fox0qybc_processed.jpeg&w=3840&q=75)
Transcribed Image Text: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 answers to 2 decimal places. Input all amounts as positive values.)
Return on
Manager's
Weight
0.45
Manager's
Return
EAEE Meight Equity Index
Europe
Australasia
0.1
14
14
1.2
0.6
0.3
0,95
1.4
0.56
-0.01
161
21
21
Far East
19
Profit/Lose
Currency Selection
Country Selection
relative to EAFE
relative to EAFE
relative to EAFE
Stock Selection
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