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How much has the dollar appreciated against the euro

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Reference no: EM132974009

On February 1, the euro is worth $0.8984. By May 1, it has moved to $0.9457.

Problem a. By how much has the euro appreciated or depreciated against the dollar over this 3-month period?

Problem b. By how much has the dollar appreciated or depreciated against the euro over this period?

Reference no: EM132974009

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