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Assume an investor purchased a Canadian government bond for C$1,000 a year ago. The bond pays C$60 in interest each year. Today she sold the

Assume an investor purchased a Canadian government bond for C$1,000 a year ago. The bond pays C$60 in interest each year. Today she sold the bond for C$1,025. Calculate the holding period return in both Canadian dollars and U.S. dollars assuming the exchange rate (US$ per one C$) was .65 when she bought the bond and .67 when she sold the bond.

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