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Suppose you observe the following quotes between the Canadian dollar (C$) and the Swiss franc...

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Accounting

Suppose you observe the following quotes between the Canadian dollar (C$) and the Swiss franc (SFr): 1/1/15: SFr.8/C$ 12/1/15: C$1.3/SFr Find the percentage change in the value of the Swiss franc from the Canadian point of view. Round intermediate steps and your final answer to four decimals. Enter your answer in decimal format (EX: .XXXX)

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