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Suppose you observe the following quotes between the pound () and the euro (): 2018: 1.1/ 2019: .95/ Find the percentage change in the value
Suppose you observe the following quotes between the pound () and the euro (): 2018: 1.1/ 2019: .95/ Find the percentage change in the value of the pound from the Eurozone point of view. Round intermediate steps and your final answer to four decimals.
.045
-.045
-.0431
.0431
-.0521
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