Question 24 (Mandatory) (5 points) The U.S. dollar suddenly changes in value against the euro moving from an exchange rate of $0.8909/ to $0.8709/. Has the Euro appreciated or depreciated? By what percentage? A Question 25 (Mandatory) (5 points) The spot and 30-day forward rate for the Dutch guilder are $0.3155 and $0.3075, respectively. The guilder is said to be selling at: a forward premium or discount? Of what percentage? A Question 26 (Mandatory) (5 points) A German firm is attempting to determine the euro/pound exchange rate and has the following exchange rate information: USD/pound = $1.5509/ and the USD/euro rate = $1.2194/. Therefore, the euro/pound rate must be