Multiple Choice
The yen rises from $0.0080/¥ to $0.0100/¥. Stated in continuously compounded returns, what percentage change is this in the value of the yen?
A) -22.3%
B) -20%
C) +20%
D) +22.3%
E) cannot be determined from the information given
Correct Answer:
Verified
Correct Answer:
Verified
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