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Use the information below to answer the questions that follow. U.S. $ EQUIVALENT CURRENCY PER U.S. $ U.K. Pound () 1.5763 .6344 Canada dollar 1.0161
Use the information below to answer the questions that follow. |
U.S. $ EQUIVALENT | CURRENCY PER U.S. $ | |
U.K. Pound () | 1.5763 | .6344 |
Canada dollar | 1.0161 | .9842 |
a. | Which would you rather have, $100 or 100? |
b. | Which would you rather have, $100 Canadian or 100? |
c-1. | What is the cross-rate for Canadian dollars in terms of British pounds? (Do not include the Canadian dollar sign, C$. 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.) |
a.100 Pounds
b.100 Poundsc-
1.Cross-rate C ? /c-
2.Cross-rate ? ? /Can$
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