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1. On January 1, 2019, the Japanese Yen's exchange rate was 105 JPY/USD. Today, the Japanese Yen exchange rate is closed at 115 JPY/USD. How

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1. On January 1, 2019, the Japanese Yen's exchange rate was 105 JPY/USD. Today, the Japanese Yen exchange rate is closed at 115 JPY/USD. How much percentage change in the Yen's value against the US dollar in this time period? Has Japanese Yen appreciated or depreciated against the US dollar? A. Yen has appreciated 9.5% against the US dollar B. Yen has depreciated 9.5% against the US dollar C. Yen has appreciated 8.7% against the US dollar D. Yen has depreciated 8.7% against the US dollar

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