22. The spot Yen/US$ exchange rate is Yen119.795/US$ and the one year forward rate is Yen114.571/US$. If the annual interest rate on dollar CDs is 6%, what would you expect the annual interest rate to be on Yen CDs?
6.7 percent as a rate = 6.7%
60%
No, 0.01 is not written as 0.01% in percent rate. 0.01 in percent rate is 1%.
22.8 or 22.80
The obesity rate in the United States in the 1970s was about 14 percent. In 2000, it had risen to 29 percent. In 2012, the rate was 35 percent.
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4 percent
The unemployment rate for the entire United States in May of 2014 is 6.3 percent. In May of 2013 it was 7.5 percent, for a decline of 1.2 percent.
1951-1963
The current interest rates of US Saving Bonds are 0.2 percent for Series EE Bonds. Series I Bonds have interest rate of 1.18 percent. Series HH Bonds have interest rate of 1.5 percent.
% rate = 88.04%= 324/368 * 100%= 0.8804 * 100%= 88.04%
In 1932-1933(the great depression.)
22. The spot Yen/US$ exchange rate is Yen119.795/US$ and the one year forward rate is Yen114.571/US$. If the annual interest rate on dollar CDs is 6%, what would you expect the annual interest rate to be on Yen CDs?
Not always. It depends of exchange rate of this day and exchanger who can get percent for exchanging.
The US unemployment rate in 1933 was approximately 24.9% at the peak of the Great Depression. This high rate of unemployment was a result of widespread economic downturn and financial crisis during that period.
6.7 percent as a rate = 6.7%