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A year ago, a Canadian investor bought some shares at a price of USD 7 6 . 0 0 , which today trade at USD
A year ago, a Canadian investor bought some shares at a price of USD which today trade at USD The investor has just received a dividend of USD The USDCAD rate was at the time of purchase, whereas today the USDCAD rate is If the investor would decide to sell the shares and convert the USD into CAD at today's rate, could he improve his return?
A The total investment return in USD is while in CAD, it represents The investor should sell the shares as the USD has appreciated, this would improve the return of his investment.
B The total investment return in USD is while in CAD, it represents The investor should hold the shares because the CAD has depreciated.
C The total investment return in USD is while in CAD, it represents The investor would improve his return by selling the shares and the USD, as it has increased in value.
D The total investment return in USD is while in CAD, it represents The investor would improve his return by selling the shares as the CAD has appreciated.
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