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U.S. $ EQUIVALENT CURRENCY PER U.S. $ U.K. Pound () 1.5738 .6354 Canada dollar 1.0171 .9832 1. What is the cross-rate for Canadian dollars in

	U.S. $ EQUIVALENT	CURRENCY PER U.S. $
U.K. Pound ()	1.5738	.6354
Canada dollar	1.0171	.9832

1. What is the cross-rate for Canadian dollars in terms of British pounds?

2. What is the cross-rate for British pounds in terms of Canadian dollars?

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