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(A)You Invest in the Canadian Equity Market and You Lose

Question 67

Essay

(a.)You invest in the Canadian Equity market and you lose 20 percent (quoted in Canadian dollars).In the meantime the United States dollar declines by 5 percent against the Canadian dollar.What is your percentage gain or loss translated into dollars?
(b.)What if the United States dollar declines by 10 percent against the Canadian dollar,what would be your percentage gain or loss translated into dollars?

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(a)80% (20% loss)1.05 (adjusted value of...

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