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Problem 31-2 Using the Cross-Rate Use the information below to answer the questions that follow. a. Which would you rather have, $100 or 100 ?

image text in transcribed Problem 31-2 Using the Cross-Rate Use the information below to answer the questions that follow. a. Which would you rather have, $100 or 100 ? b. Which would you rather have, $100 Canadian or 100 ? c-1. What is the cross-rate for Canadian dollars in terms of British pounds? (Do not include the Canadian dollar sign, Can\$. Round your answer to 4 decimal places, e.g., 32.1616.) c-2. What is the cross-rate for British pounds in terms of Canadian dollars? (Do not include the pound sign, . Round your answer to 4 decimal places, e.g., 32.1616.)

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