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Compute the rate of return on this investment in terms of U.S. dollars.? |
Mr. James K. Silber, an avid international investor, just sold a share of Nestle, a Swiss firm, for SF 5,080. The share was bought for SF 4,600 a year ago. The exchange rate is SF 1.60 per U.S. dollar now and was SF 1.78 per dollar a year ago. Mr. Silber rceieved SF 120 as a cash dividend immediately before the share was sold. Hi Heather, that's not an investing question, it's arithmetic. |
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