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Suppose that yesterday the Canadian dollar was trading on the foreign exchange market at 100 yen per Canadian dollar and today. the Canadian dollar is

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Suppose that yesterday the Canadian dollar was trading on the foreign exchange market at 100 yen per Canadian dollar and today. the Canadian dollar is trading at 105 yen per Canadian dollar. Which of the two currencies (the dollar or the yen) has appreciated and which has depreciated today? E) O A. Both currencies depreciated. O B. Both currencies appreciated. 0 c. The dollar appreciated and the yen depreciated. O D. The dollar depreciated and the yen appreciated

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