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The Canadian dollar per euro spot rate changes from S0(CAD/EUR) = CAD 1.5892/EUR to S1(CAD/EUR) = CAD 1.6369/EUR. What is the approximate percentage change in
The Canadian dollar per euro spot rate changes from S0(CAD/EUR) = CAD 1.5892/EUR to S1(CAD/EUR) = CAD 1.6369/EUR. What is the approximate percentage change in the value of the euro?
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