12. Between Great Britain and France is a Channel tunnel underneath the English Channel, a land-link between the Continent and the British Isles. One side is therefore an economy of British pounds, the other, one of euros. If you were to check the Chunnel's rail ticket Internet rates you would find that they would be denominated in U.S. dollars (USD). For example, a first class round trip fare for a single adult from London to Paris via the Chunnel through Rail Europe may cost USD175. This currency neutrality, however, means that customers on both ends of the Chunnel pay differing rates in their home currencies from day to day. 12. Between Great Britain and France is a Channel tunnel underneath the English Channel, a land-link between the Continent and the British Isles. One side is therefore an economy of British pounds, the other, one of euros. If you were to check the Chunnel's rail ticket Internet rates you would find that they would be denominated in U.S. dollars (USD). For example, a first class round trip fare for a single adult from London to Paris via the Chunnel through Rail Europe may cost USD175. This currency neutrality, however, means that customers on both ends of the Chunnel pay differing rates in their home currencies from day to day. Day of Spot Rate British pound Spot Rate Euro Spot Rate (/S) (6/8) Monday 0.5705 0.8404 Tuesday 0.5715 0.8393 Wednesday 0.5755 0.8440 Required: What are the British pound- and euro denominated prices for the USD175 round trip fare in local currency, if purchased on the following days, at the accompanying spot rates drawn from the Financial Times