Compute the Switzerland/United Kingdom exchange rate Efranc/pound for both 2013 and 2014….

c. Compute the Switzerland/United Kingdom exchange rate Efranc/pound for both 2013 and 2014. Did the Swiss franc appreciate or depreciate in value relative to British pound during this time?

d. We know that the percentage change in the US-Canadian exchange rate (E$/C$) from its level in 2013 (0.971) to 2014 is a positive 6%. Please compute the value of the exchange rate (E$/C$) in 2014. Did the U.S. dollar appreciate or depreciate during this time relative to the Canadian dollar?

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