单选题 Helen Hawke, CFA, does research about foreign exchange market. Hawke gathers the following information about currency spot rates:
Spot Rate
CAD/USD 0.9811
EUR/USD 1.2388
Note: CAD/USD exchange rate quote convention is CAD per USD.
CAD=Canadian dollar, USD=U. S. dollar, EUR=euro.
The cross-rate EUR/CAD is closest to:
A. 0.7920
B. 1.2154
C. 1.2627

【正确答案】 C
【答案解析】[解析] EUR/CAD=(EUR/USD)/(CAD/USD)=1.2388/0.9811=1.2627。