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Suppose a dealer provides the following quotes: a spot bid exchange rate, S b (US$|C$), of US$0.8653 = C$ and the spot ask exchange rate,

Suppose a dealer provides the following quotes:

a spot bid exchange rate, Sb(US$|C$), of US$0.8653 = C$ and the spot ask exchange rate, Sa(US$|C$), of US$0.8667 = C$.

a spot bid exchange rate, Sb(US$|), of US$1.40 = and the spot ask exchange rate, Sa(US$|), of US$1.42 = .

If you currently own euros () and want to convert to Canadian dollars (C$), what is the cross-exchange rate for Canadian dollars priced in euros (C$/)?

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