
- UID
- 222304
- 帖子
- 402
- 主题
- 6
- 注册时间
- 2011-7-2
- 最后登录
- 2016-8-13
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He had a negative 7.4 return.
Example:
Take $500 and invest in UK market at 500 / 1.3 = 333 Pounds
Grows to 333 x 1.07 = 356 pounds in one year.
Uses forward to convert into $: 356 x 1.3 = $463
Loses 7.4% |
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