If the US$ strengthens by 2% relative to the euro (US$1.00 = €0.746826) , what will be the new value for the euro per US$1.00?
A) €0.7618 per US$1.00
B) €0.7322 per US$1.00
C) €0.7319 per US$1.00
D) €0.7621 per US$1.00
E) €0.8962 per US$1.00
Correct Answer:
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