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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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