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In Europe, a barrel of oil sells for 72.45 (euros), while in Canada it sells for 106.26 Can$ (Canadian dollars), in Japan it sells for
In Europe, a barrel of oil sells for 72.45 (euros), while in Canada it sells for 106.26 Can$ (Canadian dollars), in Japan it sells for 9288.46 (yen), and in Switzerland it sells for 78.17 (Swiss francs). If purchasing power parity holds between these four places, what is the exchange rate between each pair of currencies? (#64) How many Canadian dollars does it take to buy one Swiss franc? [Round off and express to 3 decimal places.]
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