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If the Current Exchange Rate Is 0

Question 6

Multiple Choice

If the current exchange rate is 0.6205 Swiss francs per euro, the Swiss franc will have depreciated relative to the euro if the exchange rate next week is


A) 0.5592 Swiss francs per euro.
B) 1.6116 euros per Swiss franc.
C) 0.6514 Swiss francs per euro.
D) either A or B.

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