Calculate the euro price of the dollar

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Reference no: EM1367165

When the Euro was first issued it hit the market at $1.17/ on 1 Jan 2001.
Today it is trading for $1.0625.

a. What was the Euro price of the dollar when the Euro debuted?
b. What has been the appreciation or depreciation of the EURO since its debut?
c. What has been the average annualized appreciation or depreciation of the US dollar relative to the Euro since the Euro debuted?

Reference no: EM1367165

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