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Use the information below to answer the questions that follow. 6 US. S EQUIVALENT 1.5518 CURRENCY PER US. $ U.K. Pound ( 6444 Canada dollar
Use the information below to answer the questions that follow. 6 US. S EQUIVALENT 1.5518 CURRENCY PER US. $ U.K. Pound ( 6444 Canada dollar 1.0261 9746 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 (C). Do not round intermediate calculations and round your answer to 4 decimal places, e.g., 32.1616.) Rather have . Rather have b. Cross-rate C. CS d. Cross-rate /CS
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