Question
Use the information below to answer the questions that follow. U.S. $ EQUIVALENT CURRENCY PER U.S. $ U.K. Pound () 1.5542 .6434 Canada dollar 1.0251
Use the information below to answer the questions that follow.
U.S. $ EQUIVALENT | CURRENCY PER U.S. $ | |
U.K. Pound () | 1.5542 | .6434 |
Canada dollar | 1.0251 | .9755 |
a. Which would you rather have, $100 or 100? (Click to select)100 Dollars100 Pounds b. Which would you rather have, $100 Canadian or 100? (Click to select)100 Canadian Dollars100 Pounds c. What is the cross-rate for Canadian dollars in terms of British pounds? (Do not include the Canadian dollar sign (C$). Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.) Cross-rate C$ / What is the cross-rate for British pounds in terms of Canadian dollars? (Do not include the pound sign (). Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.) Cross-rate / C$
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