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Last year the Swiss Franc was worth $1.1700, today it is worth $1.0413. What happened to the Swiss Franc relative to the dollar during this

Last year the Swiss Franc was worth $1.1700, today it is worth $1.0413. What happened to the Swiss Franc relative to the dollar during this period? It depreciated by 11.00 percent It appreciated by 11.00 percent It depreciated by 11 percent. It appreciated by 12.36 percent

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