An investor is examining exchange rates in London and New York. For simplicity, all rates are quoted versus the U.S. dollar. In New York: the British pound rate is $1.35, the euro rate is $0.98, the Canadian dollar rate is 1.34 Canadian dollar, and the Yen rate is 117 Yen.

In London: the British pound rate is $1.38, the euro rate is $0.95, the Canadian dollar rate is 1.31 Canadian dollar, and the Yen rate is 115 Yen.

The euro rate in London just changed to $0.93.

	A.	the euro depreciated and the dollar appreciated
	B.	the euro depreciated and the dollar depreciated
	C.	the euro appreciated and the dollar depreciated
	D.	the euro appreciated and the dollar appreciated

An investor is examining exchange rates in London and New York. For simplicity, all rates are quoted versus the U.S. dollar. In New York: the British pound rate is $1.57, the euro rate is $1.48, the Canadian dollar rate is 0.74 Canadian dollar, and the Yen rate is 108 Yen.

In London: the British pound rate is $1.61, the euro rate is $1.44, the Canadian dollar rate is 0.77 Canadian dollar, and the Yen rate is 110 Yen.

What is the Yen/Canadian dollar cross rate in New York?

	A.	142.86
	B.	145.95
	C.	0.007
	D.	0.0069