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

question 100

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 the exchange rate has changed from €1.25 per pound to €1.30 per pound,although he sold £8,800 forward at the forward rate of €1.28 per pound.
Spot exchange rates at the start and end of the year are shown in the table.
$$\begin{array} { l c c c } & \text { Spot Rate } \mathrm { T } = 0 & \text { Spot Rate } \mathrm { T } = 1 & \text { Forward Rate } \\\text { Euro } & \$ 1.60& \$ 1.60 & \$ 1.625 \\\text { Pound } & \$ 2.00 & \$ 2.08 & \$ 2.08\end{array}$$

Identify the roles and functions of male reproductive organs.

Understand the process of spermatogenesis.

Recognize the pathways sperm take from production to ejaculation.

Understand the composition and function of semen.

---

Definitions:

Flexible

Characterizes entities or individuals that are adaptable to changes, capable of being bent or adjusted without breaking.

Less Bureaucratic

Describes organizations or systems that operate with fewer formalities and rigidities, allowing for more flexibility and efficiency.

Autonomy

The degree of independence and self-direction that an individual or entity has to make decisions, often within a particular role or workplace.

Responsibility

The state or fact of being accountable or to blame for something, involving the acceptance of duty to complete tasks and make decisions.