In: Finance
35) Calculate the contribution to total performance from currency, country, and stock selection for the manager in the example below. All exchange rates are expressed as units of foreign currency that can be purchased with 1 U.S. dollar. (Do not round intermediate calculations. Round your answers to 2 decimal places. Input all amounts as positive values.)
EAFE Weight Return on
Equity Index E1/E0 Manager's
Weight Manager's Return
Europe 0.6 18
% 1.2 0.7
17 %
Australasia 0.2 18
0.55 0.1
18
Far East 0.2 23
1.4 0.2
18