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boland boland
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Posts: 1892
8 years ago
The euro was launched in January 1999 with an official initial value against the dollar of $1.16/€. As of January 2011 the currency exchange rate was $1.40/€. Thus, over this time period the euro has ________ against the dollar by a total of ________.
A) appreciated; 20.69%
B) depreciated; 82.86%
C) depreciated; 20.69%
D) appreciated; 82.86%
Textbook 
Fundamentals of Multinational Finance

Fundamentals of Multinational Finance


Edition: 5th
Authors:
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noxx53noxx53
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8 years ago
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boland Author
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8 years ago
You're amazing, seriously
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8 years ago
We should all be helping each other on here, so I'm happy to have helped
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