If the exchange rate between the Canadian dollar [C$] and the U.S. dollar [$] on January 6, 2010 is C$/$ = 1.03, then the exchange rate $/C$ will be:
A) 0.67.
B) 0.79.
C) 0.97.
D) 1.97.
E) 1.33.
Correct Answer:
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