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12 bought Swedish Meatball Company stock for 35 SWE You sold it for 40 SWF. If the SWFIUSO Excidity rate was 1.06 when you bo
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Answer #1

2.a.14.3%.

return in SWF = (40 sale price -35 purchase price) / (35 purchase price)*100

=>14.3%.

3.c.21.1%.

purchase price in USD = 35 SWF / 1.06 exchange rate

=>33.02.USD.

sale price in USD = 40 / 1.00

=>40.00.

return in usd = (40 -33.02) / 33.02 *100

=>21.1%.

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