QUESTION 3 An article that appeared in Reuters (http://www.reuters.com/article/us-china-yuan-midpoint-idUSKBNOULO7Z20160107) on 1/7/2016 stated: "...The People's Bank of China again surprised markets by setting the official midpoint rate on the yuan, also known as the renminbi (RMB)... at 6.5646 per dollar, the lowest since March 2011..." Just a week earlier, on 12/30/2015, the yuan/dollar exchange rate was V6.4903/5. By how much did the yuan depreciate against the dollar during the period in question? a 1.132% b. 1.145% C. 7.43%