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Assume $1 Will Buy Can$1

Question 48

Multiple Choice

Assume $1 will buy Can$1.1417 while $1.2452 will buy €1.What is the Canadian dollar/euro exchange rate?


A) Can$.9169 = €1
B) Can$1.0907 = €1
C) Can$1.2619 = €1
D) Can$1.4216 = €1
E) Can$1.1358 = €1

Correct Answer:

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