solved OverviewDetermine the reporting currency of a non-US public firm and

OverviewDetermine the reporting currency of a non-US public firm and its price movements relative to the US dollar.Analyze past prices on the non-US public firm’s shares and their returns on investment in foreign currency and US dollar terms.Assess future investment in the non-US public firm’s share over a one-year investment horizon.InstructionReview Chapter 4 in the textbook, especially the section on exchange rates.For your chosen (MEDTRONIC- in Ireland) identify the stock exchange where the firm is listed, its stock ticker symbol, and the currency in which the stock price is reported and complete the table below : Textbook: Ebert, R., & Griffin, R. (2019). Business essentials (12th ed.). Pearson. ISBN: 9780135983232.Stock ExchangeStock Ticker SymbolCurrency in which Stock Price ReportedFor your (MEDTRONIC -in Ireland), complete the following table for that currency in terms of the U.S. dollar, either in American terms (number of U.S. dollars per one unit of the foreign currency) or in European terms (number of foreign currency units per one U.S. dollar). Please be consistent in how your express the exchange rates. Sources for this information include:Bloomberg Currencies (Links to an external site.)OANDA Historical Currency Converter (Links to an external site.)X-Rates (Links to an external site.)XE Currency Converter (Links to an external site.)CurrencyToday’s DateSpot Rate One Year AgoSpot Rate TodayFor your chosen non-US public firm, complete the following table for the firm’s share price: CurrencyToday’s DateShare Price One Year AgoShare Price TodayAssume you are a US-based investor with $1,000,000 USD who invested in the company’s stock one year ago by converting your $1,000,000 USD into the foreign currency at the then-current spot rate and share price, and answer the questions below:For the non-US public company you have chosen (MEDTRONIC- Ireland), consider whether you would invest in the equity (stock) of the company denominated in the foreign currency. Assume you have a one-year investment horizon and write a 3-4 page analysis. Complete sentences must be used (bullets not acceptable). Your analysis must be written using a concise writing style. Your brief should answer all of the questions posed above.