Question: Your company purchases software from a BASF, a company based in Hamburg, Germany. If the C$ strengthens by 3% relative to the euro (C$1.00 =

Your company purchases software from a BASF, a company based in Hamburg, Germany. If the C$ strengthens by 3% relative to the euro (C$1.00 = 0.5673), what will be the new value for the euro per C$1.00?

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