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Suppose the exchange rate at the start of the year was $1.2855/. Since the start of the year, the pound has appreciated 7%. What is

Suppose the exchange rate at the start of the year was $1.2855/£. Since the start of the year, the pound has appreciated 7%. What is today’s exchange rate? Keep the £ as the base currency and the $ as the terms currency. (to 4 decimal places like the original exchange rate)

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