14. Ahmad Khaskhali is a Salalah-based investor. He actively invests in different companies around the world, and his recent investments are in Belgium. He recently invested in a company named Matrix...

14. Ahmad Khaskhali is a Salalah-based investor. He actively invests in different companies around the world, and his recent investments are in Belgium. He recently invested in a company named Matrix in Belgium and bought 200 shares of that firm. Each share of the company costs him €9.75, and at that time, the Euro was trading at OMR0.568/€. Currently, the share is trading at €13.33 per share, and the Euro has fallen to OMR0.5503 /€. i. If Ahmad sells his shares today, what percentage change in the share price would he receive?​ ii. How much is the percentage change in the price of the Euro? iii. What would be the total return Ahmad would earn on his shares if he sold them at these rates?​​​​​​

Jun 06, 2022
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