The ABC company uses Contingency Reserves Of 8%. And it also uses Activity Contingency Reserves of 6.1% to account for currency fluctuations for their activities based in US dollars..If a project has an Activity Cost Estimate in US dollars of $476800, an exchange rate of 1.20 Canadian dollars for each US dollar, what should the Baseline be in Canadian dollars?

Answer rating: 100% (QA)

To calculate the Baseline in Canadian dollars we need to account for both the Activity Cost E... View the full answer