In April of 2011, Marielle Bought 1,200 Shares of Yakamura

question 66

Short Answer

In April of 2011, Marielle bought 1,200 shares of Yakamura Trading Co. on the Tokyo Stock Exchange at a price of ¥1,150 per share. The exchange rate at the time was ¥99.50 per C$. She sold the stock for ¥1,310 per share in June of 2016 when the exchange rate was ¥96.96 per C$. In Canadian dollars, how much did Marielle gain or lose on the investment?

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Definitions:

Dwight D Eisenhower

The 34th President of the United States (1953-1961), who was a five-star General in the Army during World War II and served as Supreme Commander of the Allied Expeditionary Force in Europe.

D-Day Invasion

The Allied offensive launched on June 6, 1944, during World War II, involving a massive amphibious assault on the Normandy coast of France to begin the liberation of Western Europe.

Cease-fire

An agreement to stop hostilities temporarily during a conflict, allowing for negotiation, humanitarian aid, or the resolution of disputes.

Policies of Containment

Strategies aimed at preventing the expansion of a hostile power or ideology, most notably associated with the United States' approach to combating the spread of communism during the Cold War.