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If the C$ Weakens by 1% Relative to the Euro

Question 104

Multiple Choice

If the C$ weakens by 1% relative to the euro (C$1.00 = €0.7448) , what will be the new value for the euro per C$1.00?


A) 0.6298 per C$1.00
B) 0.6236 per C$1.00
C) 0.7374 per C$1.00
D) 0.6174 per C$1.00
E) 0.6860 per C$1.00

Correct Answer:

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