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Use the information below to answer the questions that follow. (Enter your answer as directed, but do not round intermediate calculations.) U.S. $ EQUIVALENT CURRENCY

Use the information below to answer the questions that follow. (Enter your answer as directed, but do not round intermediate calculations.)
U.S. $ EQUIVALENT CURRENCY PER U.S. $
U.K. Pound () 1.5961 .6265
Canada dollar 1.0057 .9943
Requirement 1:
Which would you rather have, $100 or 100?
(Click to select)100 Pounds100 Dollars
Requirement 2:
Which would you rather have, $100 Canadian or 100?
(Click to select)100 Pounds100 Canadian Dollars
Requirement 3:
(a)

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).)

Cross-rate C$ /
(b)

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).)

Cross-rate /C$

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