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linda_us, Master's Degree
Category: Multiple Problems
Satisfied Customers: 1402
Experience:  A tutor for Business, Finance, Accounts and other related topics.
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Customer Question

Submitted: 1 year ago.
Category: Multiple Problems
Expert:  Johnmark1900 replied 1 year ago.


Please post thequestion.


Customer: replied 1 year ago.
A. Suppose the original exchange rate for British pounds was $1.50/£ and moved to $1.75 after a positive change in the forecast for the British economy. What was the rate of appreciation for the pound against the dollar?a. 40.0%
b. 16.7%
c. 14.3%
d. 25.5%
Customer: replied 1 year ago.
You didn't answer my question. I want my money back