4. (LO 1) Karen operates a small foreign currency exchange business. She begins each day with three boxes of cash.

Each box contains 10 000 units of Canadian currency and 10 000 units of another currency. Table 11.7 shows Karen’s holdings of each currency at the end of a day’s business.

TABLE 11.6 Foreign investment in Etruria 90 Transfers (net) +4 Foreign factor income from abroad 11 Imports of goods and services 153 Exports of goods and services 157 Etruria investment abroad 68 Foreign factor income paid abroad 29 TABLE 11.7 Box 1 Euros 8000 and $12 800 Canadian Box 2 Japanese yen 6000 and 10 050 Canadian Box 3 British pounds 7000 and 15 000 Canadian What is the value of the Canadian dollar in terms of the three currencies?

Dollar in terms of the euro:

Dollar in terms of the yen:

Dollar in terms of the British pound: