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On February 1, the euro is worth $0.8984. By May 1, it has moved to $0.9457. a. By what percentage has the euro appreciated or

On February 1, the euro is worth $0.8984. By May 1, it has moved to $0.9457.

a. By what percentage has the euro appreciated or depreciated against the dollar during this three-month period?

b. By what percentage has the dollar appreciated or depreciated against the euro during this period?

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