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Use the information below to answer the questions that follow US S EQUIVALENT CURRENCY PER US. S UK Pound (E) Canada dollar 1.5964 1.0081 6264

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Use the information below to answer the questions that follow US S EQUIVALENT CURRENCY PER US. S UK Pound (E) Canada dollar 1.5964 1.0081 6264 9920 Which would you rather have, $100 or 100? 100 Pounds Which would you rather have, $100 Canadian or 100? 100 Pounds What is the cross-rate for Canadian dollars in terms of British pounds? (Do not include the Canadian dollar sign, CS. Round your answer to 4 decimal places, e.g., 32.1616.) Cross-rate CS 1- 0.9920 What is the cross-rate for British pounds in terms of Canadian dollars? (Do not include the pound sign, E. Round your answer to 4 decimal places, e.g., 32.1616.) Cross-rate 1-1.5836 /CS

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