Ann purchased stock in a German firm at a price per share of 101.28 euros when the US $/euro exchange rate was $1.023. After six months, Ann sold the stock for 103.40 euros when the US $/euro exchange rate was $0.987. The stock does not pay a dividend. What is Ann's rate of return on this investment?© BrainMass Inc. brainmass.com October 9, 2019, 10:55 pm ad1c9bdddf
Solution describes the steps for calculating rate of return on stock investment.