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Use the information below to answer the questions that follow. U.K. Pound () Canada dollar U.S. $ EQUIVALENT CURRENCY PER U.S. $ 1.5738 .6354 1.0171

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Use the information below to answer the questions that follow. U.K. Pound () Canada dollar U.S. $ EQUIVALENT CURRENCY PER U.S. $ 1.5738 .6354 1.0171 .9832 Which would you rather have, $100 or 100? b. Which would you rather have, $100 Canadian or 100? c-1. What is the cross-rate for Canadian dollars in terms of British pounds? (Do not include the Canadian dollar sign, C$. 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.) c-1. Cross-rate c-2. Cross-rate / /Can$

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