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

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

A) You Invest in the Canadian Equity Market and You