You can exchange 1 for either c10551 or 12012 what is the


1. You can exchange $1 for either C$1.0551 or ¥120.12. What is the cross rate between the Japanese yen and the Canadian dollar? That is, solve for ¥ per C$.

2. In evaluating mutual/hedge fund performance according to alpha, why would you control for factors regardless of whether or not you think they proxy for risk?

3. ABC’s last dividend paid was $9.41, its required return is 24%, its growth rate is 6%. What is ABC's expected stock price in 18 years?

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Financial Management: You can exchange 1 for either c10551 or 12012 what is the
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