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 percentage answers to 2 decimal places. Input all amounts as positive values.) Europe Australasia Far East Currency Selection Country Selection Stock Selection EAFE Weight 0.10 0.70 0.20 % Loss % Profit % Profit Return on Equity Index 16% 14 21 Profit/Loss relative to EAFE relative to EAFE relative to EAFE E1/E0 0.60 1.10 1.20 Manager's Weight 0.26 0.15 0.59 Manager's Return 18% 22 22
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 percentage answers to 2 decimal places. Input all amounts as positive values.) Europe Australasia Far East Currency Selection Country Selection Stock Selection EAFE Weight 0.10 0.70 0.20 % Loss % Profit % Profit Return on Equity Index 16% 14 21 Profit/Loss relative to EAFE relative to EAFE relative to EAFE E1/E0 0.60 1.10 1.20 Manager's Weight 0.26 0.15 0.59 Manager's Return 18% 22 22
Chapter17: Capital And Time
Section: Chapter Questions
Problem 17.6P
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