Suppose in December 2016 the Mexican Peso is 21.4492 per US$ and in December 2017...
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Accounting
Suppose in December 2016 the Mexican Peso is 21.4492 per US$ and in December 2017 Mexican Peso is 19.0025 per US$. Given this information:
| The US $ has appreciated by 11.21% against the Mexican Peso between 2016 and 2017. | ||
| The US $ has depreciated by 11.31% against the Mexican Peso between 2016 and 2017. | ||
| The US $ has appreciated by 11.41% against the Mexican Peso between 2016 and 2017.
|
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