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03-06-2023
Business

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Assume that over a particular period the Chinese yuan appreciated against the Canadian dollar by 17.3% and the Canadian dollar appreciated against the Australian dollar by 12.7%. By what percentage has the Chinese yuan changed in value against the Australian dollar? a. 32.20% b. -24.36% C. -27.80% d. 2.40% e. -6.80%

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