Calculate the contribution to total performance from currency, country, and stoc
ID: 2752723 • Letter: C
Question
Calculate the contribution to total performance from currency, country, and stock selection for the manager in the following table. All exchange rates are expressed as units of foreign currency that can be purchased with one U.S. dollar. (Input all values as positive values. Do not round intermediate calculations. Round your answers to 2 decimal places.) EAFE Weight Return on Equity Index E1/E0 Manager's Weight Manager's Return Europe .25 29.50% 0.9 .30 27.00% Australia .25 11.50 1.0 .30 14.00 Far East .50 29.00 1.1 .40 25.50 Contribution Profit/Loss Currency selection % Country selection % Stock selection %Explanation / Answer
Answer