Problem
On Wednesday, the exchange rate between the euro and the U.S. dollar was $1.20 per euro, and the exchange rate between the Canadian dollar and the U.S. dollar was U.S. $1.05 per Canadian dollar. What is the exchange rate between the Canadian dollar and the euro?
The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.