bboo

Soccertom9 Wrote:
-------------------------------------------------------
> You are an American with a holding in Japan that
> moved up in value from 100 to 125 CAD and at the
> same time the Japanese currency depreciated by
> 10%. (100 JPY/USD to 90 JPY/USD)
>
> State what are the:
>
> Total Return
> Local Return
> Return segmented by capital gains, currency and
> yield.

Please correct your question...USD or JPY, which one depreciates?