Question
A year ago, you observed that the US dollar was valued at A$1.16 while the Euro was valued at A$1.07. Today, the US dollar is
A year ago, you observed that the US dollar was valued at A$1.16 while the Euro was valued at A$1.07. Today, the US dollar is valued at A$1.78 and the Euro is worth A$1.04. Determine the value of the US dollar changed against the Euro (Euro/US$) in percentage over the last year. (enter 2 decimal places number with no sign or symbol)
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Financial management theory and practice
Authors: Eugene F. Brigham and Michael C. Ehrhardt
12th Edition
978-0030243998, 30243998, 324422695, 978-0324422696
