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One year expected return on a Canadian stock is 6%. If the Canadian dollar is expected to depreciate from the current rate of $0.7550 to
One year expected return on a Canadian stock is 6%. If the Canadian dollar is expected to depreciate from the current rate of $0.7550 to $0.7450 during the investment period, the expected return in terms of U.S. dollar is 7.32%
true or false?
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