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How to solve this problem Consider the following information: Foreign Exchange (US dollar equivalent) Date Euros May 6, 2020 0.9320 euros May 7, 2020 0.9228

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Consider the following information: Foreign Exchange (US dollar equivalent) Date Euros May 6, 2020 0.9320 euros May 7, 2020 0.9228 euros a) Calculate the ER $/EURO on May 6, 2020: b) Calculate the ER $/EURO on May 7, 2020: c) Did the dollar appreciate or depreciate against the euro between May 6th and May 7th

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