Question: Given that the US dollar appreciates by 2 , 5 0 0 % against the Turkish Lira. Calculate the implied depreciation of the lira against

Given that the US dollar appreciates by 2,500% against the Turkish Lira. Calculate the implied depreciation of the lira against the dollar.
Group of answer choices
-96.15%
9.506%
-95.06%
9.452%
-9.615%

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