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Q–7. An American investor purchased 100 shares of a French beyond meat company on January 1,...

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Finance

Q–7. An American investor purchased 100 shares of a Frenchbeyond meat company on January 1, 2018 at €93.00 per share. eFrench company paid an annual dividend of €0.72 on December 31st,2018 to all its shareholders. e stock was sold that day as well for€100.25. e exchange rate was € 0.68 per US dollar on January 1,2018and €0.71 per US dollar on December 31, 2018. What is theinvestor’s total return in US dollars?

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