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39 of 40 Final (Remotely Proctored) 0:18:47 Bema Gold is an exploration and production company that trades on the Toronto stock exchange Assume that when

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39 of 40 Final (Remotely Proctored) 0:18:47 Bema Gold is an exploration and production company that trades on the Toronto stock exchange Assume that when purchased by an interational Investor the stock's price and the exchange rate were CAD 5 and CAD 1.0/USD 0.72 respectively. At selling time, one year after the purchase date, they were CAD 6 and CAD 1.0/USD 1.0. Calculate the investor's annual percentage rate of retum in terms of the U.S. dollars. Choose the closest answer. Select one: 0 -20.40 percent 38.89 percent 66.67 percent -13.60 percent -5.82 percent O 16.27 percent 28.00 percent

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