Go to Yahoo Finance Website at ca.finance.yahoo.com. In February 2010, a Japanese investor bought 2,000 shares of

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Go to Yahoo Finance Website at ca.finance.yahoo.com. In February 2010, a Japanese investor bought 2,000 shares of Magna International, Inc. (MG.TO), for $60 through his Toronto-based broker. What is the return over the latest calendar year on his investment in Canadian dollars and in Japanese yen? What has been the percentage change in the yen/dollar exchange rate over the 1-year period since he made his investment? (To obtain dollar/yen exchange rates, go to www.bank-banquecanada.ca/en/exchange.htm.)
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Fundamentals of Corporate Finance

ISBN: 978-1259024962

6th Canadian edition

Authors: Richard Brealey, Stewart Myers, Alan Marcus, Devashis Mitra, Elizabeth Maynes, William Lim

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