question archive For a given six years period, the nominal interest rates per annum in the USA were 7%, 8% 6%, 10% in years on, two, three and four respectively, and 9% in years five and six
For a given six years period, the nominal interest rates per annum in the USA were 7%, 8% 6%, 10% in years on, two, three and four respectively, and 9% in years five and six
Subject:BusinessPrice: Bought3
For a given six years period, the nominal interest rates per annum in the USA were 7%, 8% 6%, 10% in years on, two, three and four respectively, and 9% in years five and six. In Kenya the rates were 15%, 18%, 13%, 17%, 14% and 20% in years one to six respectively. the exchange rate at the beginning of the period were US$= 95 KShs. what was the likely exchange rate at the end of the period between US$ and KShs?
