Chapter 3:

4. The exchange rate between the Canadian dollar and the British pound is CAN$/£2.07. 5. The currency equivalent of the Newbill is $0.6625+£0.255=1NB. The exchange rate between the . dollar and the pound can be used to convert the pound value to $0.375. Hence $1=1 Newbill and . the exchange rate between the dollar and the Newbill is 1. ................
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