If the exchange rate for Canadian and U.S. dollars is 0.7382 to 1, this implies that 2 Canadian dollars will buy 1.48 worth of U.S. dollars.
$2 x 0.7382 = $1.48

Name: If the exchange rate for Canadian and U.S. dollars is 0.7382 to 1, this implies that 2 Canadian dollars will buy 1.48 worth of U.S. dollars. $2 x 0.7382 = $1.48
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This is correct calculation of the exchange rate. 2 Canadian dollars multiplied by the exchange rate of 0.7382 gives us $1.48 worth of U.S. dollars.

If the Exchange Rate for Canadian and U