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What is the annualized rate of change

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Continuously compounded growth rates On Thursday January 2nd, the NOK/USD exchange rate was 8.7919, and on Thursday January 9th it was 8.8807. How much did the exchange rate change in percent? If you assume that there are exactly 52 weeks in a year, what is the annualized rate of change (in percent)?

Reference no: EM132789502

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