This preview shows page 1. Sign up to view the full content.
Unformatted text preview: 5.6089 % change in Exchange Rate (Direct Quote) (to be calculated by you )-4.0307-13.3449-4.3977 1.1122-5.3110 Indicate which currency ($ or FC) appreciated in real terms $ The uncovered return from the US point of View 14.9979% The uncovered return from the foreign Countrys point of view 11.6539% You should have borrowed in ($ or FC) $ You should have invested in ($ or FC) FC If you followed the strategy indicated in the above two rows, then with a starting amount of $1,000,000, your total profit during the four year period should be: $425,823...
View Full Document
- Spring '11