On June 22, 2016, the day before the brexit vote, the British pound was worth $1.467. Two
Question:
On June 22, 2016, the day before the brexit vote, the British pound was worth $1.467. Two weeks later, on the July 7, the British pound was worth $1.292.
a. By what percentage has the pound appreciated or depreciated against the dollar during this two-week period?
b. By what percentage has the dollar appreciated or depreciated against the pound during this period?
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Related Book For 
Multinational Financial Management
ISBN: 9781119559900
11th Edition
Authors: Alan C Shapiro, Paul Hanouna
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