Question 7 4.4 pts Dano Company sold goods to McGarrett & Co. for 350,000 Egyptian pounds on December 6, 20X3, with payment due on January 15, 20X4. The exchange rates were as follows: 12/6/X3 1 Egyptian pound $ 0.1593 12/31/X3 1/15/X4 1 Egyptian pound $ 1 Egyptian pound $ 0.1612 0.1604 Which of the following is true of the dollar's movement versus the Egyptian pound during the period? 12/6-12/31 a Dollar weakened b Dollar weakened c Dollar strengthened d Dollar strengthened 1/1-1/15 Dollar strengthened Dollar weakened Dollar strengthened Dollar weakened Option d Option b Option c Option a