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Use the information below to answer the questions that follow. CON CURRENCY PER U.S. U.K. Pound () Canada dollar U.S. $ EQUIVALENT 1.5738 1.0171 6354
Use the information below to answer the questions that follow. CON CURRENCY PER U.S. U.K. Pound () Canada dollar U.S. $ EQUIVALENT 1.5738 1.0171 6354 9832 a. Which would you rather have, $100 or 100? b. Which would you rather have, $100 Canadian or 100? c. What is the cross-rate for Canadian dollars in terms of British pounds? (Do not include the Canadian dollar sign (C$). Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.) d. 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.) a. Rather have b. Rather have Cross-rate d. Cross-rate 100 pounds 100 pounds CS c. ICS
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