Question: can you please do all work in steps on a paper if possible Exercises: The Foreign Exchange Market and Exchange Rate Determination EXERCISE 8 (Exchange

can you please do all work in steps on a paper if possible

Exercises: The Foreign Exchange Market and Exchange Rate Determination EXERCISE 8 (Exchange rate determination) The exchange rate has changed from 1.13 EUR/USD to 1.16 EUR/USD. a) By how much has the euro appreciated against the dollar? b) By how much did the dollar depreciated against the euro

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