Posted: March 6th, 2017

Suppose the value of the French Franc in terms of the dollar is: 50 on October 12 , and 44 on October 17 By how much has the Franc appreciated or depreciated against the dollar?

Suppose the value of the French Franc in terms of the dollar is:
50 on October 12 , and 44 on October 17 By how much has the Franc appreciated or depreciated against the dollar? Does it appreciate or depreciate.

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