You have always wanted to visit Bali, one of the 17,500 islands that comprise Indonesia, the world's largest archipelago. Now that you are close to graduation, it is time to follow the dream and head to Southeast Asia. However, not finding a quote for the Canadian dollar versus the Indonesian rupiah, you decide to use a cross rate to derive an exchange rate for CAD/IDR? The information you have shows: USD/IDR =14,750.70 and USD/CAD =1.3317. What is an appropriate exchange rate for CAD/IDR ? Select one: a. 11,760.68 b. 10,868.54 c. 14,750.70 d. 12,842.11 e. 11,076.59

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