In March 2014 a Canadian investor bought 1,000 shares of Microsoft for US $35.05 per share. On that date the exchange rate was USD 5,8555 per Canadian S. In July 2017, the investor sold the shares for US $42.50 when the exchange rate was US 5.7689 per Canadian 5. w Required: 1 Calculate the % return on the Microsoft shares over the holding period, ie what was the holding period return on the shares themselves, ignoring any exchange rate implications. (2 marks) 2 Calculate the % return experienced by the Canadian investor on the Microsoft shares over the investment period, including any exchange rate gains or losses. (4 marks)