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SuppSuppose that 288 yen could be purchased in the foreign exchange market for three U.S. dollars today. If the yen is expected to appreciate by

SuppSuppose that 288 yen could be purchased in the foreign exchange market for three U.S. dollars today. If the yen is expected to appreciate by 8% tomorrow, how many yen could two U.S. dollars buy tomorrow?

a. 178 yen

b. 231 yen

c. 350 yen

d. 467 yen

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