In: Finance
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 | .15 | 16.00 | % | 0.9 | .20 | 15.00 | % | ||||
Australia | .30 | 24.00 | 1.0 | .35 | 27.40 | ||||||
Far East | .55 | 25.00 | 1.1 | .45 | 22.40 | ||||||
Contribution | Profit/Loss | |
Currency selection | % | (Click to select)ProfitLoss |
Country selection | % | (Click to select)ProfitLoss |
Stock selection | (Click to select)ProfitLoss | |