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Use the information below to answer the questions that follow. U . S . $ EQUIVALENT CURRENCY PER U . S . $ U .

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?
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.)

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