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Your USD investment in the U.S. stock market resulted in a gain of 10% in USD but, because of the appreciation of the US dollar,

Your USD investment in the U.S. stock market resulted in a gain of 10% in USD but, because of the appreciation of the US dollar, your realized annual return expressed in CAD was 25%. Did the Canadian dollar (CAD) appreciate or depreciate over the last year and by how much

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