Use the information below to answer the questions that follow.

	U.S. $ EQUIVALENT	CURRENCY PER U.S. $
U.K. Pound ()	1.5888	.6294
Canada dollar	1.0111	.9890

a.	You are offered to receive $100 or 100. Which one of the two would you rather have? In other words, which one is worth more?
b.	You are offered to receive $100 Canadian or 100. Which one of the two would you rather have? In other words, which one is worth more?
c-1.	What is the cross-rate for Canadian dollars in terms of British pounds? (Do not include the Canadian dollar sign, C$. Round your answer to 4 decimal places, e.g., 32.1616.)
c-2.	What is the cross-rate for British pounds in terms of Canadian dollars? (Do not include the pound sign, . Round your answer to 4 decimal places, e.g., 32.1616.)