A Canadian investor buys shares in DaimlerChrysler on the New York Stock Exchange when the stock's price and the exchange rate were US$40 and US$0.70/C$ respectively.One year later the investor sells the shares for US$41 and the exchange rate is US$0.80/$.
a)Calculate the investor's annual percentage rate of return in terms of the U.S.dollars.
b)Calculate the investor's annual percentage rate of return in Canadian dollars.

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The Answer of A Canadian investor buys shares in DaimlerChrysler on the New York Stock Exchange when the stock's price and the exchange rate were US$40 and US$0.70/C$ respectively.One year later the investor sells the shares for US$41 and the exchange rate is US$0.80/$.
a)Calculate the investor's annual percentage rate of return in terms of the U.S.dollars.
b)Calculate the investor's annual percentage rate of return in Canadian dollars.

A Canadian Investor Buys Shares in DaimlerChrysler on the New