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Currently,$1 Will Buy C$1

Question 95

Multiple Choice

Currently,$1 will buy C$1.36 while $1.10 will buy €1. What is the exchange rate between the Canadian dollar and the euro?


A) C$1 = €1.10
B) C$1 = €.9091
C) C$1 = €1.2364
D) C$1.36 = €1.10
E) C$1.36 = €.9091

Correct Answer:

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