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Suppose that the British pound was worth .95 euros one year ago. Today, each euro is worth 1.1 pounds. Find the percentage appreciation/depreciation of the
Suppose that the British pound was worth .95 euros one year ago. Today, each euro is worth 1.1 pounds. Find the percentage appreciation/depreciation of the euro from the British point of view. (Round any intermediate steps to four decimal places) -.0431 .045 -.1364 .0431
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