Assume that you can buy 206 Australian dollars (A$) with 100 United Kingdom pounds (GBP) . Which one of the following statements is correct given the following exchange rates? Assume that you start out with 100 United Kingdom pounds (GBP) . 
A) The maximum Canadian dollars (C$) you can obtain from your 100 GBP is C$173.62.
B) The maximum C$ you can get for A$1 is C$1.1722.
C) You can convert your 100 GBP into 101.22 GBP.
D) You can earn a total profit of 2.13 GBP.
E) You can exchange 1 GBP for A$2.1063.
Correct Answer:
Verified
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