If the C$ Weakens by 2½% Relative to the Euro

question 259

Multiple Choice

If the C$ weakens by 2½% 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) €0.6299 per C$1.00
• D) €0.7262 per C$1.00
• E) €0.6860 per C$1.00

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