George is an investor from Canada. He owns one bond which located in London Stock Exchange (LSE). The bond has issued with coupon rate of 15 percent and face value at CND1,000. At the end of the year the bond was priced at CND1,500. The exchange rate goes from $1.2445/CND to $1.3560/CND because of the bond will mature in one year. Determine the rate of return in dollar terms with total dividend is CND30.
