Upon arrival at the international airport in the country of Canteberry, Charles Alt exchanged \(\$ 200\) into florins, the local currency unit. Charles received 1,000 florins in exchange for the \(\$ 200\) of U.S. currency. After completing his business, and upon departure from Canteberry's international airport, he exchanged his remaining 100 florins into \(\$ 15\) of U.S. currency.

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a. Determine the currency exchange rates for each of the cells in the following matrix for Charles Alt's business trip to Canteberry:

b. Discuss and illustrate whether the U.S. dollar strengthened or weakened relative to the florin during Charles's stay in Canteberry.

c. Did Charles experience a foreign currency transaction gain or a loss on the 100 florins he held during his visit to Canteberry and converted to U.S. dollars at the departure date? Explain your answer.

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Direct exchange rate Indirect exchange rate Arrival Date Departure Date