A Brazilian investor buys 1,000 Qualcom shares on January 1st 2008 at $20 per share. The investor liquidates her position on January 1st, 2009 at $35. During the same period USD/BRL rate moved from BRL 2.62 to BRL2.19 per dollar. Calculate the returns of the Brazilian investor from her Qualcom investment in Brazilian Real (domestic currency) terms.© BrainMass Inc. brainmass.com June 23, 2018, 5:59 pm ad1c9bdddf
This solution illustrates how to compute an investor's foreign currency gain or loss.