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Assume that $1 is equal to 102.32 and also equal to C$1.0958. Based on this, you could say that C$1 is equal to: C$1(102.32 /

Assume that $1 is equal to 102.32 and also equal to C$1.0958. Based on this, you could say that C$1 is equal to: C$1(102.32 / C$1.0958) = 93.37. The exchange rate of C$1 = 93.37 is referred to as the:

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