1. Suppose that the British pound was worth 1.6 Canadian dollars one year ago. Today, each Canadian dollar is worth .50 pounds. Find the percentage appreciation/depreciation on the Canadian dollar from the British view.
2. You just purchased a share of SPCC for ?$100. You expect to receive a dividend of ?$55 in one year. If you expect the price after the dividend is paid to be ?$110?, what toal return will you have earned over the? year? What was your dividend? yield? Your capital gain? rate?
The total return you will have earned over the year is___%