John Crossborder buys 1 share of Telmex at 140 pesos when the value of the peso is stated in dollars at $0.35. One year later, Telmex is selling for 155 pesos and paid a dividend of 5 pesos during the year. If, after 1 year, the value of the pesos is $0.29, what will John's rate of return be in Canadian dollars?

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The Answer of John Crossborder buys 1 share of Telmex at 140 pesos when the value of the peso is stated in dollars at $0.35. One year later, Telmex is selling for 155 pesos and paid a dividend of 5 pesos during the year. If, after 1 year, the value of the pesos is $0.29, what will John's rate of return be in Canadian dollars?

John Crossborder Buys 1 Share of Telmex at 140 Pesos