If the C$ weakens by 2½ % relative to the euro (C$1.00 = €0.64491) , what will be the new value for the euro per C$1.00?
A) €0.6610 per C$1.00
B) €0.6236 per C$1.00
C) €0.6299 per C$1.00
D) €0.6288 per C$1.00
E) €0.6860 per C$1.00
Correct Answer:
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