3A) I bought 50,000 shares of Tata Motors at INR (Indian rupees) Rs. 169.70 per...
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3A) I bought 50,000 shares of Tata Motors at INR (Indian rupees) Rs. 169.70 per share. On that day, the exchange rate was: 1 USD ($) = 71.9875 INR (Rs.) 3 months later, the stock is trading for INR 185.80 per share and the exchange rate is now: 1 USD ($) = 74.1724 INR (Rs.) Assume this is an all cash transaction (not on margin).
3B) Ignoring transactions costs, calculate my ROI in USD.
3C) Calculate the % difference made on this investment by the exchange rates changing.
3D) Which currency depreciated the most and by what %?
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