# By what percentage does the dollar depreciate against the yen? Nov 16 2015 12:51 PM

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3.13 At time t = 0 the dollar-per-yen spot rate S 0 \$ / ¥ is \$0.0100/¥. The yen then appreciates… 1 answer below » 3.13     At time t = 0 the dollar-per-yen spot rate S0\$/¥ is \$0.0100/¥. The yen then appreciates 25.86 percent. a.    What is the closing spot rate in dollars per yen S1\$/¥? b.     By what percentage does the dollar depreciate against the yen? Nov 16 2015 12:51 PM

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