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1. One year ago, Derek opened investment accounts with a discount broker. In his C$ account he purchased 300BMO shares at C$54,20 per share and

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1. One year ago, Derek opened investment accounts with a discount broker. In his C$ account he purchased 300BMO shares at C$54,20 per share and six government of Canada bonds (GoCs) at C$1063 per bond. In his US\$ account, he purchased 100 shares IBM at US\$125.50 per share and 200 shares of GE at US\$18.57 per share. The exchange rate on the date of the purchase was C$1.00= US $0.935. The income Derek received from the securities during the year and their current prices are Listed in the following table. The end of period Exchange Rate is C$1.00=US$0.952. Questions: a) What total amount in C4 was initially invested in the portfolio? b) What is the C s equivalent of the total income received during the year? ( for converting the US\$ Income to C$, use the average of beginning and ending exchange rates for the year.) c) What is the current total value in c$ of the securities? d) Including both income and change in the value of the securities, what was the percentage increase in the value of Derek's portfolio during the year? 1. One year ago, Derek opened investment accounts with a discount broker. In his C$ account he purchased 300BMO shares at C$54,20 per share and six government of Canada bonds (GoCs) at C$1063 per bond. In his US\$ account, he purchased 100 shares IBM at US\$125.50 per share and 200 shares of GE at US\$18.57 per share. The exchange rate on the date of the purchase was C$1.00= US $0.935. The income Derek received from the securities during the year and their current prices are Listed in the following table. The end of period Exchange Rate is C$1.00=US$0.952. Questions: a) What total amount in C4 was initially invested in the portfolio? b) What is the C s equivalent of the total income received during the year? ( for converting the US\$ Income to C$, use the average of beginning and ending exchange rates for the year.) c) What is the current total value in c$ of the securities? d) Including both income and change in the value of the securities, what was the percentage increase in the value of Derek's portfolio during the year

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