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QUESTION 9 Use the following table to answer the next two questions. In Terms of USD Country Bid Ask Canada $.9225 $.9265 Euro $1.45 $1.48

QUESTION 9

Use the following table to answer the next two questions.

In Terms of USD

Country

Bid

Ask

Canada

$.9225

$.9265

Euro

$1.45

$1.48

What is the ask quote for Canadian dollars in terms of euros?

.639

.6233

.6362

1.34

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