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Suppose that the Brazilian real devalues by 40% against the U.S. dollar. By how much will the dollar appreciate against the real? a.67% b.40% c.32%
Suppose that the Brazilian real devalues by 40% against the U.S. dollar. By how much will the dollar appreciate against the real?
a.67%
b.40%
c.32%
d.28%
please provides the steps
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