Reference no: EM131622717

Use the information below to answer the questions that follow. U.S. $ EQUIVALENT CURRENCY PER U.S. $ U.K. Pound (£) 1.5615 .6404 Canada dollar 1.0221 .9784 Which would you rather have, $100 or £100? Which would you rather have, $100 Canadian or £100? What is the cross-rate for Canadian dollars in terms of British pounds? (Do not include the Canadian dollar sign, C$. Round your answer to 4 decimal places, e.g., 32.1616.) Cross-rate C$ /£ 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$.