Question

Use the information below to answer the questions that follow.


U.S. $ EQUIVALENTCURRENCY PER U.S. $
  U.K. pound (£)1.5542            .6434              
  Canada dollar (Can$)1.0251            .9755              


Which would you rather have, $100 or £100?


Which would you rather have, $100 Canadian or £100?  


What is the cross-rate for Canadian dollars in terms of British pounds? (Do not include the Canadian dollar sign, Can$. Round your answer to 4 decimal places, e.g., 32.1616.)


  Cross-rateCan$  /£  

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£  /Can$  


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