Required: Calculate the contribution to total performance from currency, country, and stock selection for the...
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Required: Calculate the contribution to total performance from currency, country, and stock selection for the manager in the example below. All exchange rates are expressed as units of foreign currency that can be purchased with 1 U.S. dollar. (Do not round intermediate calculations. Round your percentage answers to 2 decimal places. Input all amounts as positive values.)
Required: Calculate the contribution to total performance from currency, country, and stock selection for the manager in the example below. All exchange rates are expressed as units of foreign currency that can be purchased with 1 U.S. dollar. (Do not round intermediate calculations. Round your percentage answers to 2 decimal places. Input all amounts as positive values.) Europe Australasia Far East EAFE Weight 0.10 0.30 0.60 Return on Equity Index 12% 18 17 E/Eg 0.80 1.00 1.20 Manager's Weight 0.25 0.22 0.53 Manager's Return 17% 14 14 % Currency Selection Country Selection Stock Selection Profit/Loss relative to EAFE relative to EAFE relative to EAFE % %
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