Question 2

Calculate USD/CAD with the following information:

CAD/USD = 0.7463

CAD/MXN = 2.2545

Question 2 options:

1.68 1.34 3.02 0.33

Not enough information to calculate the cross rate. Question 3: I got this correct but the info might be needed to answer question 4. Calculate CAD/MXN with the following information: CAD/USD = 0.7463 USD/MXN = 22.2800 Question 3 options: 16.63 (correct) Question 4 You are producing in the U.S. and exporting to Canada. Calculate the target price in CAD with the following information: Cost in USD = $5.00 Target Markup = 30% USD/CAD = 1.34 Question 4 options: CAD 8.71 CAD 4.85 CAD 6.50 CAD 6.31