f the U.S. dollar-British pound exchange rate is $1.50 per pound, and the U.S. dollar-euro rate is $0.80 per euro:

Instructions: Enter your response rounded to the nearest two decimal places.

a. What is the pound-per-euro rate?

per

b. If the pound per euro rate were above this rate, you could profit by converting (Click to select) dollars to euros euros to pounds pounds to dollars , (Click to select) dollars to euros euros to pounds pounds to dollars , and then (Click to select) dollars to euros euros to pounds pounds to dollars . If the pound per euro rate were below this rate, you could make a profit by converting (Click to select) dollars to pounds pounds to euros euros to dollars , (Click to select) dollars to pounds pounds to euros euros to dollars , and then (Click to select) dollars to pounds pounds to euros euros to dollars .