Assume the exchange rates for the Canadian dollar versus the U.S. dollar are: USD equiv Currency per USD Last week 0.8761 1.1414 This week 0.8759 1.1417 Which statement(s) are correct given this information? It is cheaper for an American to travel in Canada this week than it was last week. You would have made a profit if you had invested $100 in Canadian dollars last week and then converted your money back to U.S. dollars this week. Ignore any interest earnings The Canadian dollar depreciated from last week to this week This week you can exchange C$1 for $1.1417. Last week, it took c50.8761 to purchase $1