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Suppose the exchange rate between U.S. dollars and British Pounds is $1.00 = 1.75 Pounds and the exchange rate between the U.S. dollar and the

Suppose the exchange rate between U.S. dollars and British Pounds is $1.00 = 1.75 Pounds and the exchange rate between the U.S. dollar and the euro is $1.00 = 1.35 euros. What is the cross rate of the Pound to the euro (GBP/euro)?

A.

2.36

B.

.77

C.

1.3

D.

.42

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