A us investor invested in a canadian dollar cad denominated, Financial Management

A us investor invested in a canadian dollar cad denominated

A U.S. investor invested in a Canadian dollar (CAD) denominated investment last year that returned 12%. Over the same period, the value of the CAD relative to the USD rose 5%. What is the net return to the U.S. investor in USD terms? A. 17% B. 12% C. 7% D. 5%

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Financial Management: A us investor invested in a canadian dollar cad denominated

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Financial Management: A us investor invested in a canadian dollar cad denominated

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