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An Australian importer has received goods from India and will pay 2 million Indian rupees (INR) in one year. The importer expects that the value

An Australian importer has received goods from India and will pay 2 million Indian rupees (INR) in one year. The importer expects that the value of the INR will appreciate to 0.2949 against the Australian dollar from today's spot rate of 0.2326 in one year.How much Australian dollar the importer will make a loss in percentage (%) due to appreciation of INR after one year? (enter 2 decimal places number with no sign or symbol)

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