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