This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Laurent bought shares of a Canadian company for 78 Canadian dollars per share. Two years later, he ... (Read 206 times)

danitzaidaly

  • Full Member
  • ***
  • Posts: 132
on: Mar 29, 2022
Laurent bought shares of a Canadian company for 78 Canadian dollars per share.  Two years later, he sold at 75 Canadian dollars  per share.  At the time of purchase, the Canadian dollar was at U.S. 81 and at the time of sale, U.S .75.  What was Laurent's gain or loss in U.S. dollars?
◦ gain of $1.80
◦ loss of $1.80
◦ loss of $6.93 per share
◦ gain of $6.93 per share
Fundamentals of Investing ¦ Zutter, Smart ¦ 14th Edition
Buy Test-Bank


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by danitzaidaly on Mar 29, 2022

jamezpowell

  • Full Member
  • ***
  • Posts: 164
Reply #1 on: Mar 29, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
Answer Preview
Only 44% of students answer this correctly


danitzaidaly

  • Member
  • Posts: 132
Reply 2 on: Mar 29, 2022
YES! Correct, THANKS for helping me on my review

meow1234

  • Member
  • Posts: 333
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Addicts to opiates often avoid treatment because they are afraid of withdrawal. Though unpleasant, with proper management, withdrawal is rarely fatal and passes relatively quickly.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Over nearly 30 years, humans removed many polar bears for a variety of reasons, from a population in Over nearly 30 years, humans removed many polar bears for a variety of reasons, from a population in
Discipline-specific training can take years to perfect. Discipline-specific training can take years to perfect.
Children and Their Development, Third Canadian Edition Children and Their Development, Third Canadian Edition
Children: A Chronological Approach, Canadian Edition Children: A Chronological Approach, Canadian Edition
A man put aside $5710.00 at the end of every 3 months for seven years. How much will he have ... A man put aside $5710.00 at the end of every 3 months for seven years. How much will he have ...
Development of the Dungeness crab (Cancer magister). The crabs live for 8 to 10 years. Development of the Dungeness crab (Cancer magister). The crabs live for 8 to 10 years.
Video: Photosynthesis and Van Helmont Experiment

For a complete list of videos, visit our video library