Today,you can exchange $1 for €.7549.A month ago,€1 was worth $1.3077.Assume you converted €500 into dollars last month and then converted your dollars back to euros this week.What is your net profit or loss in euros?
A) -£.2886
B) -£6.41
C) £.0074
D) £6.49
E) -£.2901
Correct Answer:
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