Assignment:
On February 1, the euro is worth $0.8984. By May 1, it has moved to $0.9457.
a. By what percentage has the euro appreciated or depreciated against the dollar during this three-month period?
b. By what percentage has the dollar appreciated or depreciated against the euro during this period?
Your answer must be, typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.