Question: Theyen suddenly changes in value against the pound moving from an exchange rate of 145.70 / to 130.50/. Thus, the pound has ________

Theyen suddenly changes in value against the pound moving from an exchange rate of ¥ 145.70 /£ to ¥ 130.50/£. Thus, the pound has ________ by ________:

a. appreciated; 10.43%

b. depreciated; 10.43%

c. appreciated 11.65%

d. depreciated 11.65%

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