3. An investor in Canada purchased 100 shares of IBM on January 1 at $93.00 per share. IBM paid an annual dividend of $0.72 on December 31. The stock was sold that day as well for $100.25. The exchange rate was $0.68 per Canadian dollar on January 1 and $0.71 per Canadian dollar on Decem- ber 31. What is the investor's total return in Cana- dian dollars?