In: Finance
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 | ||||||