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If the Exchange Rate Between British Pounds Sterling and the Canadian

Question 111

Multiple Choice

If the exchange rate between British pounds sterling and the Canadian dollar is 1 pound = $2.80,then


A) one pound exchanges for 0.28 dollars.
B) one pound exchanges for 2.40 dollars.
C) one dollar exchanges for 0.280 pounds.
D) one dollar exchanges for 0.357 pounds.
E) one dollar exchanges for 1.40 pounds.

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