8. In 1999, the euro was trading at $0.90 per euro. If the euro is now trading
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8. In 1999, the euro was trading at $0.90 per euro. If the euro is now trading at $1.16 per euro, what is the percentage change in the euro's value? Is this an appreciation or depreciation?
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Related Book For 
Financial Markets and Institutions
ISBN: 978-0321280299
5th edition
Authors: Frederic S. Mishkin, Stanley G. Eakins
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