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Can someone show me step by step on how to obtain the answer. I am confused on how to get the final answer. Thanks in
Can someone show me step by step on how to obtain the answer. I am confused on how to get the final answer. Thanks in advance for the help.
At tine t = 0 the dollar-per-yen spot rate Sosa is $0.0100%. The yen then appreciates 25.86 percent. a. What is the closing spot rate in dollars per yen S,? b. By what percentage does the dollar depreciate against the yenStep by Step Solution
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