EXERCISE: RATES ASSIGNMENT INSTRUCTIONS 1. It is important to know what the stan

EXERCISE: RATES ASSIGNMENT INSTRUCTIONS
1. It is important to know what the standard rates are. Include your answers to the below on the
Exercise: Rates Template.
 Go to 1 Year Constant Maturity Treasury found in the Exercise: Rates
Assignment Resources in the Exercise: Rates Assignment. Report the rates for
the 1-Year Treasury.
 Go to Best CD Rates found in the Exercise: Rates Assignment Resources in the
Exercise: Rates Assignment. Report the best CD rate.
 Go to Google Finance found in the Exercise: Rates Assignment Ressources in
the Exercise: Rates Assignment. Report the Dow Jones and S&P 500.
2. Go to Google Finance found in the Exercise: Rates Assignment Resources in the Exercise:
Rates Assignment. Enter Walmart (WMT) in the search box. Include your answers to the below
on the Exercise: Rates Template.
 Step (a): Record the last closing price (for example, previous close – yesterday’s
closing price)
 Step (b): Record the change (current price minus previous close) for the day (up or
down and how many dollars & cents)
 Step (c): Divide your change for the day (from b above) by the last closing price
(from step a above). The result is typically something like 0.1234 or 0.0123. Convert
the decimal to a percent (such as 12.34% or 1.23%).
Example:
 Step (a): Last closing price (previous close) of Walmart = 143.34
 Step (b): Change for the day (up or down) = -1.95
 Step (c): Divide (b) by (a) = -$1.95/$143.34 = 0.01360 = -1.36%

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