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The spot rate for the British pound is .7163 = $1 and the Canadian dollar is Can$1.0656 = $1. What is the /Can$ cross-rate? Multiple

The spot rate for the British pound is .7163 = $1 and the Canadian dollar is Can$1.0656 = $1. What is the /Can$ cross-rate?

Multiple Choice

  • 1.4876/Can$

  • 1.5703/Can$

  • .6205/Can$

  • .6722/Can$

  • .8403/Can$

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