You are thinking of buying Sony stock in Japan. If you buy the stock, you will sell it in 3 years. The current stock price is 12,000 and you estimate it will fetch 14,000 in three years time. In the interim, you will receive dividends of 500/year, starting in one year. The current spot rate is 75/$. Japanese inflation is estimated at 1% per year and Canadian inflation at 2% per year. Canadian tax rates are 45%, Japanese tax rates are 50%. Similar stocks to Sony have expected returns of 12%. Should you buy the stock?