Which of the following rates would be used to translate the company's dividends?
A) US$1 = CDN$0.815
B) US$1 = CDN$0.8125
C) US$1 = CDN$0.825
D)US$1 = CDN$0.83

Question

Quizplus · Accepted Answer

The rate used to translate dividends is typically the rate at the date of the transaction or the average rate for the period if the dividends are declared periodically. In this context, option B is the most likely choice as it represents a plausible exchange rate for such a transaction.

Which of the Following Rates Would Be Used to Translate