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Assume the spot rate for the pound is .6930=$1 and for the Canadian dollar is C $1.1417=$1. What is the /C$ cross-rate? Multiple Choice .7295/C$1

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Assume the spot rate for the pound is .6930=$1 and for the Canadian dollar is C $1.1417=$1. What is the /C$ cross-rate? Multiple Choice .7295/C\$1 5597/C$1 .7594/C\$1 5. 6070/C$1 .7608/C\$1

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