QUESTION
4. a. Review annual reports and news about each of your U.S.-based MNCs to determine where it does most of its business and the foreign currency to which it is most exposed. Determine whether your U.S.-based MNCâs stock performance is influenced by the exchange rate movements of the foreign currency (against the U.S. dollar) to which it is most exposed.Go tohttp://www.oanda.com/currency/historical-rates.You can convert the foreign currency to which the MNC is highly exposed to U.S. dollars and determine the exchange rate movements over the period in which you invested in the stock.Provide your assessment of the relationship between the currencyâs exchange rate movements and the performance of the stock over the investment period. Attempt to explain the relationship that you just found.b. Repeat the steps in 4a for each U.S.-based MNC in which you invested.Information: My Two U.S.-based MNCs are:1. Name of firm: Exxon Mobil Corporation-Ticker Symbol: XOM-Headquarters:Texas-Amount Of investment: $10,000-Purchase price: $72.46-Number of shares purchased: 138.02. Name of firm: United Airlines-Ticker Symbol: UAL-Headquarters: United States-Amount of your investment: $10,000-Purchase price: $56.69-Number of shares purchased: 176.4
ANSWER:
Place an order in 3 easy steps. Takes less than 5 mins.