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4. Suppose the exchange rate of $/Euro has been changed to $1.4/Euro from $1.45/Euro in the last year. What is the percentage change of Euro

4. Suppose the exchange rate of $/Euro has been changed to $1.4/Euro from $1.45/Euro in the last year. What is the percentage change of Euro (against $)? A. Euro depreciated by 3.45% B. Euro appreciated by 3.45% C. $ depreciated by 3.45% D. $ appreciated by 3.45%

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