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Author Question: Laurent bought shares of a Canadian company for 78 Canadian dollars per share. Two years later, he ... (Read 80 times)

danitzaidaly

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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
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Marked as best answer by danitzaidaly on Mar 29, 2022

jamezpowell

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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.
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danitzaidaly

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

chereeb

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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