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against the real. Question 1 (5 points) Based on the following exchange rate info, the Euro has Year 1 Year 2 Euros () per US$

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against the real. Question 1 (5 points) Based on the following exchange rate info, the Euro has Year 1 Year 2 Euros () per US$ 0.8540 0.8450 Sing $ per Brazilian real 0.6530 0.6540 US$ per Sing$ 0.6120 0.6210 Brazilian real per euro () 0.5940 0.5910 O grown weaker grown either stronger or weaker grown stronger remained the same against the US$. Based on the following exchange rate info, the Euro has Year 1 Year 2 Euros () per US$ 0.8450 0.8540 Sing$ per Brazilian real 0.6530 0.6540 US$ per Sing$ 0.6120 0.6210 Brazilian real per euro () 0.5940 0.5980 grown weaker grown stronger O remained the same O grown either stronger or weaker

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