2. Refer to Table 9-1. (LG 9-4) a. On February 13, 2020, you purchased a British pounddenominated CD by converting $1 million to pounds at a rate of 0.8226 pound for U.S. dollars. It is now March 13,2020 . Has the U.S. dollar appreciated or depreciated in value relative to the British pound (see Table 9-1)? b. Using the information in part (a), what is your gain or loss on the investment in the CD? Assume no interest has been paid on the CD. Source: The Wall Street Journal Online, March 14, 2020, www.wsj.com