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Assume that over a particular period the Japanese yen depreciated against the Swiss franc by 12.1% and the Swiss franc depreciated against the Chinese yuan

Assume that over a particular period the Japanese yen depreciated against the Swiss franc by 12.1% and the Swiss franc depreciated against the Chinese yuan by 15.4%. By what percentage has the Japanese yen changed in value against the Chinese yuan?

1.44%

-25.64%

29.36%

34.47%

-5.16%

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