Question regarding international stock trading

Assignment Help Finance Basics
Reference no: EM13828260

Problem:

At the end of 2011 you bought 25000 shares of a Mexican stock at a price of 220 peso/share. At that time the spot exchange rate was 0.2458$/peso. Nine months later, you sold these shares for 240.5 peso/share. If your annualized US-$ rate of return on that investment was 21.5%, what was the exchange rate when you sold the Mexican shares?

Additional Information:

The question is from Finance and it is about international stock trading. The question here is about a Mexican stock price in 2011. The present value for the shares and the present value of the currency have to be computed.

Reference no: EM13828260

Questions Cloud

Problem regarding personal investment portfolio : Write an essay of about 3000 words by analyzing your own situation and risk profile (character, life-style, time horizon, objectives, etc), then reflect this is a portfolio of funds or ETF using the examples.
Library research: corporate social responsibility : Library Research: Corporate Social Responsibility
Thai currency and japanese currency : Toshiyuki Matsukawa is production manager for Tanaka Chemicals, a Japanese chemical manufacturer operating throughout Asia. He is considering a proposal to build a chemical plant in Thailand to service the growing Southeast Asian market. The proje..
Opportunities for improvement with usability : Opportunities for Improvement with Usability and Interoperability-Usability and interoperability are major issues to consider in the development of healthcare information systems (HIS)
Question regarding international stock trading : At the end of 2011 you bought 25000 shares of a Mexican stock at a price of 220 peso/share. At that time the spot exchange rate was 0.2458$/peso.
Genesis corporation is a fairly large company : Genesis Corporation is a fairly large company whose basic business has been in the commercial sector.  To date, it has no Government contracts over $700,000, and has not been involved with Cost Accounting Standards.  Genesis is contemplating proposin..
Describe the types of health promotion programs : Describe the types of health promotion programs that are available for aging adults. Explain how these programs will benefit aging adults, physically, psychologically, and financially.
Create an income statement with a schedule : 1. Using the information in the table, create an income statement with a schedule for costs of goods manufactured. Make sure that for the costs you classify if they are direct or indirect and indicate if they are variable or fixed. 2.     Let's assum..
Choosing an investment strategy by calculating cash inflows : Faulpeltz Gmbh is a German subsidiary of Lazy Ltd., a British MNC. Faulpeltz is considering a 5-year project in Germany that requires an initial investment of 1,360 million Euros (EU).

Reviews

Write a Review

Finance Basics Questions & Answers

  Calculate the real rate of return on the stock

You purchased 1,000 shares of stock for $23 per share exactly one year ago. During the year, the stock paid a $.50 dividend per share and the current stock price is $20 per share. The inflation rate the last year was 2%.

  Finding present value of machine

Foley company financed the purchase of a machine by making payments of $18,000 at the end of each of five years. The appropriate rate of interest was 8%. What was the cost of the machine to Foley?

  Flavr co stock has a beta of 20 the current risk-free rate

flavr co stock has a beta of 2.0 the current risk-free rate is 2 and the expected return on the market is 9 percent.

  A large financial institution is losing market share to

1.a large financial institution is losing market share to savvy upstart companies and it has asked its top marketing

  Compare a business case to a return of investment plan

Discuss some advantages and disadvantages of mobile forensic workstations implemented using laptop PCs. Compare a business case to a Return of Investment (ROI) plan. Are they the same. If not, what are the differences

  Microsoft engine co has the following securiites

microsoft engine co. has the following securiites outstanding i 1000 bonds that have 10 years to maturity and pay an

  How many years is it until these bonds mature

Redesigned Computers has 6.5 percent coupon bonds outstanding with a current market price of $832. The yield to maturity is 16.28 percent and the face value is $1,000. Interest is paid semiannually. How many years is it until these bonds mature?

  Deseasonalize the data and use the deseasonalized time

consider the costello music company time series in problem 29.a. deseasonalize the data and use the deseasonalized time

  What is discounted cash flow

What is discounted cash flow? Where does this principle come from?

  The largest bank serving the companys local business

the largest bank serving the companys local business community is currently offering an interest rate of 5.5 on three-

  Calculate the dividend per share to be received

Fritz Corporation has 800,000 shares of preferred stock and 1,800,000 shares of common stock. The cumulative preferred stock has a stated dividend of $1.75 per share.

  Calculate the net present value of this investment assuming

you are considering the purchase of an apartment complex. the following assumptions are made the purchase price is

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd