Question: Use the following table to answer the next two questions. In Terms of USD Country Bid Ask Canada $.9225 $.9265 Euro $1.45 $1.48 What is

Use the following table to answer the next two questions.

In Terms of USD

Country

Bid

Ask

Canada

$.9225

$.9265

Euro

$1.45

$1.48

What is the ask quote for Canadian dollars in terms of euros?

.639

.6233

.6362

1.34

What is the ask quote for euros in terms of Canadian dollars?

1.5326

1.565

1.6043

.6233

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