What Is the BID Cross-Exchange Rate for Canadian Dollars Priced

Multiple Choice

$$\begin{array} { | l | c | c | } \hline & { \text { USD equivalent } } \\\hline \text { Courtry } & \text { BID } & \text { ASK } \\\hline \text { Carada (Dollar) } & 0.8653 & 0.8667 \\\hline \text { Euro € } & 1.4000 & 1.4200 \\\hline\end{array}$$ What is the BID cross-exchange rate for Canadian dollars priced in euro? Hint: Find the price that a currency dealer will pay in euro to buy Canadian dollars.

A) €0.6094/CAD
B) €0.6104/CAD
C) €0.6181/CAD
D) €0.6191/CAD