If the C$ strengthens by 2% relative to the US$ (US$1.00 = C$1.0339) , what will be the new value for the US$ per C$1.00?
A) US$0.8350 per C$1.00
B) US$1.0339 per C$1.00
C) US$0.8034 per C$1.00
D) US$0.96721 per C$1.00
E) US$0.9866 per C$1.00
Correct Answer:
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