# Suppose you are considering acquiring a target in Argentina, Brazil, or Canada. You realize that the value of a target is partially influenced by stock market conditions in a country. Go to finance.yahoo.com/worldindices and click on Merval Index (the Argentina stock market index). Click on 1y just above the chart provided. Then, click on "Historical Data." Set the date range so that you can obtain the stock index value as of three years ago, two years ago, one year ago, and today. Enter the data on a spreadsheet. Compute the annual percentage change in the stock value. Also compute the annual percentage change in the stock value from three years ago until today. Repeat the process for the Brazilian stock index Ibovespa and the Canadian stock index S&amp;P/TSX Composite. Based on this information, in which country have values of corporations increased the most? In which country have the values of corporations increased the least? Why might this information influence your decision on where to pursue a target?

FindFind

### International Financial Management

14th Edition
Publisher: Cengage
ISBN: 9780357130698
FindFind

### International Financial Management

14th Edition
Publisher: Cengage
ISBN: 9780357130698

#### Solutions

Chapter 15, Problem 2IEE
Textbook Problem

## Suppose you are considering acquiring a target in Argentina, Brazil, or Canada. You realize that the value of a target is partially influenced by stock market conditions in a country. Go to finance.yahoo.com/worldindices and click on Merval Index (the Argentina stock market index). Click on 1y just above the chart provided. Then, click on "Historical Data." Set the date range so that you can obtain the stock index value as of three years ago, two years ago, one year ago, and today. Enter the data on a spreadsheet. Compute the annual percentage change in the stock value. Also compute the annual percentage change in the stock value from three years ago until today. Repeat the process for the Brazilian stock index Ibovespa and the Canadian stock index S&P/TSX Composite. Based on this information, in which country have values of corporations increased the most? In which country have the values of corporations increased the least? Why might this information influence your decision on where to pursue a target?

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