Answer:
33
Explanation:
The expected rate of return of dollar = return on comparable dollar asset - return rate on euro asset
= 55 - 22
= 33
Answer:
The answer is rate 33. Therefore,
Refer below for the explanation.
Explanation:
As per the question,
Euro asset is 22 percent and the rate of return on a comparable dollar asset is 55 percent,
Return on comparable dollar asset - return on euro asset
= 55% - 22%
= 33 expected rate
