Suppose 144 yen could be purchased in the foreign exchange market for one U.S.dollar today.If the yen depreciates by 13.0% tomorrow,how many yen could one U.S.dollar buy tomorrow?
A) 143.1936
B) 138.3120
C) 175.7376
D) 162.7200
E) 183.8736
Correct Answer:
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