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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
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1.4876/Can$
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1.5703/Can$
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.6205/Can$
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.6722/Can$
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.8403/Can$
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