In January 2013, Marielle bought 1200 shares of Yakamura Trading Co. on the Tokyo Stock Exchange at a price of ¥1150 per share. The exchange rate at the time was ¥99.50 per Cl. She sold the stock for ¥1310 per share in July 2015 when the exchange rate was ¥96.96 per C$. In Canadian dollars, how much did Marielle gain or lose on the investment?

If the necessary exchange rates are not given in problem, use the exchange rates in Table 3.2.

Table 3.2.

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Per C$ Per US$ Per € Per Y Per £ Canadian dollar (C$) 1.3083 1.4446 0.01084 2.0203 U.S. dollar (US$) 0.7644 1.1042 0.008286 1.5442 0.6922 0.9056 0.007504 1.3985 Euro (€) Japaense yen (V) British pound (£) 92.2509 120.6919 133.2657 186.3745 0.4950 0.6476 0.7150 0.005366