Assume That the Spot Rate Is $\times$ 8426/C$ at the Beginning of the Year And at the Beginning

question 60

Multiple Choice

Assume that the spot rate is $\times$ 84.26/C$ at the beginning of the year and $\times$ 82.07/C$ at the end of the year. Over the same period, the Japanese stock market has gained 20%. What is the real return for a Canadian investor?

• A) 23.20%
• B) 32.43%
• C) 67.58%
• D) 10.27%
• E) 2.67%

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Definitions:

Esophagus

The muscular tube that connects the throat (pharynx) with the stomach, responsible for transporting food and liquids.

Thoracic Cavity

The part of the body's cavity that is enclosed by the rib cage, containing the lungs and heart.

Homeostasis

The process by which living organisms maintain a stable internal environment despite changes in the external environment.

Occupying Space

The act or state of having a physical presence or taking up room within a given area.