A Stock in India Rises 20% in Local Terms

question 37

Multiple Choice

A stock in India rises 20% in local terms. The Indian rupee rises 25% against the U.K. pound sterling. What is the return in pound sterling?

• A) -5%
• B) 0%
• C) 5%
• D) 45%
• E) 50%

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Definitions:

Behavioral Component

A component of attitude that comprises the actions a person takes with regard to the issue at hand.

Physical State

The condition of matter with respect to structure, form, phase, or other physical properties.

Psychological Need

An essential and inherent requirement of humans to achieve psychological well-being, including needs for autonomy, competence, and relatedness.

Functional Need

The basic or essential requirement that consumers seek to fulfill with a product or service, often related to its practical or utilitarian aspect.