1. Suppose that US investor buys a European stock denominated in EUR. The stock return is 15.4%. over the same time period, the EUR deprecates 5.6%. what is the US investor’s exact dollar-denominated percentage rate of return?
Purchases of new issues of stock take place?
2. Pharrell, Inc., has sales of $597,000, costs of $261,000, depreciation expense of $65,000, interest expense of $32,000, and a tax rate of 35 percent. The firm paid out $42,000 in cash dividends and has 52,000 shares of common stock outstanding.
What is the earnings per share figure?