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I need to understand the calculations A Canadian bond is initially priced at its face value of C$1,000. At the end of the year, the

I need to understand the calculations image text in transcribed
A Canadian bond is initially priced at its face value of C$1,000. At the end of the year, the bond is selling for C$1, 100. If the Canadian dollar appreciates by 10%, with a 5.5% coupon, what will the U.S. dollar return on the bond equal at the end of the year? a) 1.05% b) 27.1% c) 15% d) 20%

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