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Calculate the Euro-Based Return an Italian Investor Would Have Realized

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Calculate the euro-based return an Italian investor would have realized by investing €10,000 into a £50 British stock.The stock pays a £0.30 quarterly dividend,and after one year the investment sells for £54.
Spot exchange rates at the start and end of the year are shown in the table. Calculate the euro-based return an Italian investor would have realized by investing €10,000 into a £50 British stock.The stock pays a £0.30 quarterly dividend,and after one year the investment sells for £54. Spot exchange rates at the start and end of the year are shown in the table.


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