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Suppose the pound-dollar exchange rate was $1.50/ last year. Today, the exchange rate is .8/$. Find the percentage appreciation/depreciation of the dollar from the British
Suppose the pound-dollar exchange rate was $1.50/ last year. Today, the exchange rate is .8/$. Find the percentage appreciation/depreciation of the dollar from the British view. Round intermediate steps and your final answer to four decimals. Enter your answer in decimal format (EX: 30.00%= 3000)
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