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Use the information below to answer the questions that follow. a. You are offered to receive $100 or 100. Which one of the two would
Use the information below to answer the questions that follow. a. You are offered to receive $100 or 100. Which one of the two would you rather have? In other words, which one is worth more? b. You are offered to receive $100 Canadian or 100. Which one of the two would you rather have? In other words, which one is worth more? 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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