An Canadian investor purchases Australian Dollars (AUD), when the exchange rate was 1 Canadian dollar (CAD) = 1.25 AUD. A year late the exchange rate is 1AUD =.82 CAD . What was the gain or loss for the investor if his investment was 100.000 CAD?

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NOT ENOUGH DATA TO ANSWER

100,000 AUD LOSS

8.000 AUD LOSS

2,500 AUD GAIN

2,500 AUD LOSS

8.000 CAD GAIN

100,000 CAD GAIN

2.500 CAD GAIN

2,600 AUD LOSS

2,500 CAD LOSS