a. Based on the exchange rates in the table in Problem 20, to the nearest 0.01%, what
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b. You returned from your trip to Italy with €53. Assuming the exchange rates remained the same, what percent transaction cost would you have paid to convert €53 back to C$ at the Royal Bank and at ICE?
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a At the midrate 1100 would cost 1100 x C1551 1 C170610 At the Ro...View the full answer
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