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The FX rate has changed from $1.20/euro to $1.10/euro. Calculate the percentage change of FX rate and define how the value of euro has changed?
The FX rate has changed from $1.20/euro to $1.10/euro. Calculate the percentage change of FX rate and define how the value of euro has changed?
A. -8.33%
B. 9.09%
C. 8.33%
D. -9.09
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