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    Currency Appreciation/Depreciation

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    If we are comparing the U.S. dollar to the euro, and the euro increased in value from $1.35 to $1.45, what happened to the two currencies? Show the appreciation or depreciation rate for each currency. (Show all work/calculations/formulas.) If we are comparing the U.S. dollar to the yen, and the yen decreased in value from $.99 cents to $.90 cents, what happened to the two currencies? Show the appreciation or depreciation rate for each currency.

    Please show all work/calculations/formulas (not on excel spreadsheet).

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    Solution Preview

    If we are comparing the U.S. dollar to the euro, and the euro increased in value from $1.35 to $1.45, what happened to the two currencies? Show the appreciation or depreciation rate for each currency. (Show all work/calculations/formulas.) If we are comparing the U.S. dollar to the yen, and the yen decreased in value from $.99 cents to $.90 cents, what happened to the two currencies? Show the appreciation or depreciation rate for each currency.

    Please show all work/calculations/formulas

    If we are comparing the U.S. dollar to the euro, and the euro increased in value from $1.35 to $1.45, what happened to the two currencies? Show the appreciation or depreciation rate for each currency. (Show all work/calculations/formulas.)

    Euro- Dollar

    Initial quote= $1.35 /Euro
    Final quote= $1.45 /Euro

    Euro
    Initial value= 1 Euro= $1.35
    Final value= 1 Euro= $1.45

    Initially it costs $1.35 to buy ...

    Solution Summary

    Calculates appreciation/depreciation of Euro and Yen vs. dollar.

    $2.19

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