Exam 3: Financial Markets and Financial Instruments

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The Winnipeg and Montreal exchanges have merged with the Canadian Venture Exchange (CDNX).

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The Toronto Stock Exchange (TSX) is the largest exchange market in Canada.

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Similar to the _________ the S&P/TSX composite index can be used by investors for the Toronto Stock Exchange.

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The Toronto Stock Exchange (TSX) is a virtual exchange market.

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The DJIA can be used by investors as a ________________ as to how well stocks on the NYSE are performing in general.

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The Canadian Dollar is viewed by most economists as being a

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A government agency involved in helping Canadians purchase homes is the

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The TSX acquired the CDNX in 2001 and renamed it the TSX Venture Exchange in 2002.

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The Canadian Venture Exchange (CDNX) is a product of the former Vancouver and Alberta stock exchange markets collapsing and consolidating.

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You manage a McDonald's in Germany. At the beginning of the year, the exchange rate was $1CDN = 1Euro. At the end of the year, the exchange rate is $1CDN = .90Euro. You report profits of 450,000 Euros. How much have your profits increased in terms of dollars from the exchange rate change during the year?

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