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On Friday, September 13, 1992, the Turkish Lira Was Worth

Question 3

Multiple Choice

On Friday, September 13, 1992, the Turkish lira was worth €0.0013. Over the weekend the Turkish lira devalued against the euro to €0.0012. By how much had the Turkish lira devalued against the euro?


A) 7.69%
B) 8.33%
C) 5.21%
D) 9.27%

Correct Answer:

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