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Calculate the Euro-Based Return an Italian Investor Would Have Realized T=0T=1 Euro 1.601.60 Peund 200208\begin{array} { l r r } &T=0&T=1\\\text { Euro } & 1.60 & 1.60 \\\text { Peund } & 200 & 208\end{array}

question 73

Essay

Calculate the euro-based return an Italian investor would have realized by investing €10,000 into a £50 British stock.One year after investment,the stock pays a £1 dividend,and sells for £54.Spot exchange rates at the start and end of the year are shown in the table.
T=0T=1 Euro 1.601.60 Peund 200208\begin{array} { l r r } &T=0&T=1\\\text { Euro } & 1.60 & 1.60 \\\text { Peund } & 200 & 208\end{array}


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