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Use the information below to answer the questions that follow. U.S. $ EQUIVALENT CURRENCY PER U.S. $ U.K. pound () 1.5939 .6274 Canada dollar (Can$)

Use the information below to answer the questions that follow.

U.S. $ EQUIVALENT CURRENCY PER U.S. $
U.K. pound () 1.5939 .6274
Canada dollar (Can$) 1.0091 .9910

a. Which would you rather have, $100 or 100?
b. Which would you rather have, $100 Canadian or 100?
c-1. What is the cross-rate for Canadian dollars in terms of British pounds? (Do not include the Canadian dollar sign, Can$. 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.)

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