At time t=0, the yen per dollar spot rate is ¥100/$. The dollar then depreciates 20.55% during the day. By what percenta

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answerhappygod
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At time t=0, the yen per dollar spot rate is ¥100/$. The dollar then depreciates 20.55% during the day. By what percenta

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At time t=0, the yen per dollar spot rate is ¥100/$. The dollar
then depreciates 20.55% during the day. By what percentage does the
yen appreciate against dollar? Select one: a. 21.39% b. 24.53% c.
25.87% d. 20.55%
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