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03-06-2023
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The current spot exchange rate is 1 US dollar is equivalent to 1,525 Turkish lira Using the direct method from the perspective of a US company, which of the following rates would show a depreciation of the US dollar? a. 1,430 lira-1 US dollar b. 1,665 Ira=1US dollar c. 000070 U.S. dollars = 1 lira d. 0.00060 US dollars=1 lira

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