Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. finance
  3. 4. mr. james k. silber, an avid international inve

4. Mr. James K. Silber, an avid international investor, just sold a share of Nestl,...

90.2K

Verified Solution

Question

Finance

4. Mr. James K. Silber, an avid international investor, just sold a share of Nestl, a Swiss firm, for SF5,080. The share was bought for SF4,600 a year ago. The exchange rate is SF1.60 per U.S. dollar now and was SF1.78 per dollar a year ago. Mr. Silber received SF120 as a cash dividend immediately before the share was sold. Compute the rate of return on this investment in terms of U.S. dollars.

Answer & Explanation Solved by verified expert
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Zin AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

list five different abuse of statistics and give examples each.

Basic Math
Q

Identify and describe what threat agents should be avoided in preparation for an assessment. How do...

Programming
Q

For each one of the eukaryotic organelles structures we discussed in class provid description its...

Biology
Q

Determine whether the distribution is a discrete probability distribution.Is the distribution a discrete probability distribution?...

Basic Math
Q

True false The sensitivity and the positive predictive value of a test will typically have...

Statistics
Q

5 Find the centerold of the region bounded by the graphs of Y X and...

Calculus
Q

ind the total number of hours for each person 1 Reggie worked from 8 00...

Algebra
Q

we JII Subtract 2x 2x 8x 2 x 5x 2x 7 Enter your answer in...

Algebra
Q

image
image
image
image

Accounting
Q

Jacoby Diaz has a 36% interest in a partnership. In the current year, the partnership...

Accounting
Q

A company purchased inventory as follows: 150 units at $10 350 units at $12 The...

Accounting
Q

Wakanda Fashion Enterprise is a designer fashion store. The income statement for the year ending...

Accounting