Assignment:
Suppose that the standard deviation of the return on Nestle, a Swiss firm, in terms of Swiss francs is 19% and ´ the standard deviation of the rate of change in the dollarfranc exchange rate is 15%. In addition, the estimated correlation between the Swiss franc return on Nestle and ´ the rate of change in the exchange rate is 0.17. Given these figures, what is the standard deviation of the dollar rate of return on investing in Nestle stock?
Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.