Answer and Explanation:
Average return = (Closing Price + Dividend - Opening Price) / Opening Price
For 1st year:
0 Return
For 2nd year:
($48.41 + $0.69 - $43.43) / $43.43 = 0.130
For 3rd year
($57.33 + $0.72 - $48.41) / $48.41 = 0.199
For 4th year:
($45.41 + $0.80 - $57.33) / $57.33 = -0.194
For 5th year
($52.33 + $0.85 - $45.41) / $45.41 = 0.171
For 6th year
($61.41 + $0.93 - $52.33) / $52.33 = 0.191
Arithmetic Return = Sum of all return / Total number of return
= [0.130 + 0.199 + (-0.194) + 0.171 + 0.191] / 5
Arithmetic Return = 9.96%
![Geometric Return = [(1+r1)(1+r2)(1+r3)(1+r4)(1+r5)] ^ {(1/5)}-1](https://tex.z-dn.net/?f=Geometric%20Return%20%3D%20%5B%281%2Br1%29%281%2Br2%29%281%2Br3%29%281%2Br4%29%281%2Br5%29%5D%20%5E%20%7B%281%2F5%29%7D-1)
![Geometric Return = [1.52445]^{(1/5) }-1](https://tex.z-dn.net/?f=Geometric%20Return%20%3D%20%5B1.52445%5D%5E%7B%281%2F5%29%20%7D-1)
Geometric Return = 1.0880 - 1
Geometric Return = 0.0880 = 8.80%
Answer:
false
Explanation:
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Answer: the difference between the exchange rate on the date of repatriation and the exchange rate used to translate the branch's pretax income.
Explanation:
Repatriation simply means converting of foreign currencies into local ones. Earning of income in foreign currencies, by a comoany are typically subject to risk regarding foreign exchange which could bring about a loss.
It should be noted that the exchange gain or loss on repatriated funds from a foreign branch is calculated when the nominal amount of the funds is multiplied by the difference between the exchange rate on the date of repatriation and the exchange rate used to translate the branch's pretax income.
Answer:
Image result for What does the rule of 72 tell us? What is the formula used? Amy heard Dave Ramsey say that she could expect an average of 12% returns when she invests in mutual funds. Amy has $10,000 to invest. How long will it take Amy’s investment to double?
Divide 72 by the interest rate on the investment you're looking at. The number you get is the number of years it will take until your investment doubles itself.
Explanation:
That statement is True
Frauds are gonna exist, no matter what country you're in
No matter how many frauds are there that exist around, if you're smart enough to recognize it , you won't fall into the fraud
Otherwise, no matter how hard the Governments' work to reducing the amount of frauds around you, if you're unaware and gullible, there's a pretty high chance you're gonna fall to one