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Suppose you have a buy EURUSD position for some units of the EUR. You bought the EUR with the USD at St-1(EURUSD) = 1.1780 on

Suppose you have a buy EURUSD position for some units of the EUR. You bought the EUR with the USD at St-1(EURUSD) = 1.1780 on August 30 (seven days ago). Today is September 6, with St(EURUSD) = 1.1850. What is the annualized percent change in the exchange movements in these seven days? (Annualize by multiplying 360/7) **PLEASE EXPLAIN HOW YOU FOUND NUMBERS**

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