What is the cross rate of euros to canadian dollars
Suppose the exchange rate between U.S. dollars and EMU euros is Euro 0.98 = $1.00, and the exchange rate between the U.S. dollar and the Canadian dollar is $1.00 = C$1.50. What is the cross rate of euros to Canadian dollars?
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The exchange rate between the U.S. dollar and the Canadian dollar is $1.00 = C$1.50. What is the cross rate of euros to Canadian dollars?
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