Question: Please clear solving (3 points) If the exchange rate () increase from 1.5 to 2. Is this an appreciation or a depreciation of the Pound?

Please clear solving

(3 points) If the exchange rate () increase from 1.5 to 2. Is this an appreciation or a depreciation of the Pound? (5 points) What is the expected dollar rate of return on euro deposits if today's exchange rate is $1.10 per euro , next year's expected exchange rate is $1.167 per euro , the dollar interest rate is 10%, and the euro interest rate is 5%

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