Business, 06.10.2019 07:00 ProAtWork7
International investment returns personal finance problem joe martinez, a u. s. citizen living in brownsville, texas, invested in the common stock of telmex, a mexican corporation. he purchased 1 comma 000 shares at 23.00 pesos per share. twelve months later, he sold them at 27.00 pesos per share. he received no dividends during that time. a. what was joe's investment return (in percentage terms) for the year, on the basis of the peso value of the shares? b. the exchange rate for pesos was 12.88 pesos per us$1.00 at the time of the purchase. at the time of the sale, the exchange rate was 13.44 pesos per us$1.00. translate the purchase and sale prices into us$. c. calculate joe's investment return on the basis of the us$ value of the shares. d. explain why the two returns are different. which one is more important to joe? why?
Answers: 3
Business, 22.06.2019 09:20
Which statement best defines tuition? tuition is federal money awarded to a student. tuition is aid given to a student by an institution. tuition is money borrowed to pay for an education. tuition is the price of attending classes at a school.
Answers: 1
Business, 22.06.2019 19:50
Joe pays ann to mow his lawn and ann mows vanna's lawn by mistake. vanna peers out her window and sees ann mowing, yet says nothing to ann about her mistake since vanna needs to have her lawn mowed. when ann approaches vanna for payment, vanna refuses, arguing that she never asked ann to mow her lawn. under these circumstances, ann can recover payment from vanna under:
Answers: 1
Business, 23.06.2019 02:10
Which of the following best explains the purpose of a supply schedule? a. to calculate how much time it takes for distribution. b. to indicate how supply and demand relate to price. c. to show the relationship between quantity supplied and prices. d. to demonstrate how the supply decreases as price increases.
Answers: 1
International investment returns personal finance problem joe martinez, a u. s. citizen living in br...
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