Economics - Assignment

Answer the questions assignment 1. Choose any one country’s currency that you are interested in. Write down how the currency’s exchange rate policy has been changed over the last 5 decades, at least from the late 1960s. You can find the history of a currency through Google or Wikipedia search. Your answer must not be over 2 pages in length. [4 marks] 2. Download “Assignment_1_Data.xlsx” on Moodle. The file has the exchange rates for the U.S. dollars against one U.K. pound, Chinese Yuan against one U.S. dollar, 3-month (90–day) interest rates (in percent) in the U.S. and the U.K. With the data, answer all of the following questions. Note that the interest rates are in percent in the table. That is, 0.15 for the interest rate in the table means 0.15% = 0.0015. Assume that today is 6 April 2016. a. Today, on 6 April 2016, what was the exchange rate between the UK pound and the US dollar, E£/US$, pounds per dollar? (round to 3 decimal places) [2 marks] b. Based on the Covered Interest Parity (CIP), what should be the 90-day forward rate, F£/US$, today on 6 April 2016 (the contract matures on 5 July 2016)? Use the exact equation of the CIP. [2 marks] c. Consider an investor in the U.K. who can use £1.00 million for a day on 5 July 2016 (90 days from today). Let’s assume that today the investor knows that people in the U.K. will vote yes to Brexit and the U.K. pounds will depreciate against the U.S. dollars significantly after 23 June 2016. Explain how the investor can do speculation today, on 6 April 2016. [2 marks] d. With the answers in (b) and (c), and the actual exchange rate on 5 July 2016 in the table, find the exact amount of the profit/loss from the speculation in (d) in U.K. pounds on 5 July 2016. (round to 2 decimal places) [2 marks] e. Today, on 6 April 2016, what is the exchange rate between Chinese Yuan and the U.K. pounds, E¥/£? (round to 3 decimal places) [2 marks] Date U.S. Dollars to One British Pound Chinese Yuan to One U.S. Dollar 3-Month Effective Interest Rate for U.S. Dollar 3-Month Effective Interest Rate for British Pound 2016-01-04 1.4686 6.5338 0.15293 0.14781 2016-01-05 1.4664 6.5219 0.15428 0.14735 2016-01-06 1.4626 6.5554 0.15503 0.14750 2016-01-07 1.4579 6.5926 0.15421 0.14735 2016-01-08 1.4523 6.5932 0.15528 0.14735 2016-01-11 1.4564 6.5675 0.15553 0.14735 2016-01-12 1.4403 6.5700 0.15590 0.14713 2016-01-13 1.4470 6.5700 0.15550 0.14735 2016-01-14 1.4409 6.5891 0.15528 0.14735 2016-01-15 1.4289 6.5840 0.15490 0.14766 2016-01-18 #N/A #N/A 0.15595 0.14735 2016-01-19 1.4171 6.5783 0.15608 0.14735 2016-01-20 1.4167 6.5781 0.15533 0.14744 2016-01-21 1.4198 6.5794 0.15465 0.14766 2016-01-22 1.4308 6.5788 0.15478 0.14797 2016-01-25 1.4245 6.5790 0.15533 0.14735 2016-01-26 1.4342 6.5814 0.15528 0.14735 2016-01-27 1.4261 6.5773 0.15453 0.14735 2016-01-28 1.4351 6.5744 0.15390 0.14735 2016-01-29 1.4184 6.5752 0.15315 0.14735 2016-02-01 1.4367 6.5778 0.15465 0.14735 2016-02-02 1.4399 6.5795 0.15480 0.14781 2016-02-03 1.4576 6.5765 0.15515 0.14774 2016-02-04 1.4580 6.5638 0.15505 0.14758 2016-02-05 1.4468 6.5710 0.15493 0.14774 2016-02-08 1.4415 6.5710 0.15525 0.14761 2016-02-09 1.4473 6.5710 0.15513 0.14727 2016-02-10 1.4473 6.5710 0.15440 0.14785 2016-02-11 1.4448 6.5710 0.15430 0.14775 2016-02-12 1.4460 6.5710 0.15455 0.14744 2016-02-15 #N/A #N/A 0.15455 0.14822 2016-02-16 1.4290 6.5154 0.15455 0.14822 2016-02-17 1.4317 6.5270 0.15485 0.14766 2016-02-18 1.4333 6.5163 0.15455 0.14774 2016-02-19 1.4343 6.5202 0.15455 0.14766 2016-02-22 1.4157 6.5197 0.15615 0.14750 2016-02-23 1.4040 6.5263 0.15728 0.14766 2016-02-24 1.3932 6.5290 0.15865 0.14766 2016-02-25 1.3937 6.5320 0.15890 0.14758 2016-02-26 1.3867 6.5390 0.15878 0.14750 2016-02-29 1.3926 6.5525 0.15828 0.14781 2016-03-01 1.3948 6.5500 0.15790 0.14711 2016-03-02 1.4059 6.5499 0.15871 0.14680 2016-03-03 1.4152 6.5312 0.15890 0.14702 2016-03-04 1.4226 6.5064 0.15838 0.14711 2016-03-07 1.4256 6.5155 0.15903 0.14617 2016-03-08 1.4225 6.5044 0.15879 0.14610 2016-03-09 1.4236 6.5105 0.15865 0.14672 2016-03-10 1.4306 6.5070 0.15809 0.14766 2016-03-11 1.4426 6.4940 0.15846 0.14766 2016-03-14 1.4324 6.4984 0.15989 0.14766 2016-03-15 1.4166 6.5110 0.16049 0.14781 2016-03-16 1.4100 6.5189 0.15975 0.14781 2016-03-17 1.4490 6.4745 0.15585 0.14719 2016-03-18 1.4514 6.4682 0.15608 0.14719 2016-03-21 1.4402 6.4812 0.15615 0.14711 2016-03-22 1.4217 6.4876 0.15709 0.14703 2016-03-23 1.4111 6.5035 0.15753 0.14672 2016-03-24 1.4143 6.5124 0.15715 0.14703 2016-03-25 1.4131 6.5131 #N/A #N/A 2016-03-28 1.4250 6.5051 #N/A #N/A 2016-03-29 1.4281 6.5063 0.15771 0.14672 2016-03-30 1.4390 6.4648 0.15628 0.14672 2016-03-31 1.4381 6.4480 0.15715 0.14703 2016-04-01 1.4204 6.4776 0.15728 0.14688 2016-04-04 1.4279 6.4776 0.15753 0.14688 2016-04-05 1.4149 6.4760 0.15665 0.14735 2016-04-06 1.4162 6.4780 0.15765 0.14703 2016-04-07 1.4082 6.4599 0.15720 0.14728 2016-04-08 1.4105 6.4628 0.15770 0.14735 2016-04-11 1.4240 6.4580 0.15746 0.14695 2016-04-12 1.4244 6.4639 0.15740 0.14688 2016-04-13 1.4223 6.4768 0.15709 0.14695 2016-04-14 1.4148 6.4810 0.15821 0.14703 2016-04-15 1.4217 6.4730 0.15828 0.14695 2016-04-18 1.4276 6.4717 0.15859 0.14695 2016-04-19 1.4396 6.4571 0.15871 0.14695 2016-04-20 1.4375 6.4675 0.15878 0.14703 2016-04-21 1.4338 6.4810 0.15953 0.14688 2016-04-22 1.4390 6.5004 0.15896 0.14742 2016-04-25 1.4492 6.4900 0.15846 0.14778 2016-04-26 1.4611 6.4905 0.15859 0.14778 2016-04-27 1.4554 6.4940 0.15959 0.14772 2016-04-28 1.4581 6.4735 0.15915 0.14803 2016-04-29 1.4625 6.4738 0.15915 0.14764 2016-05-02 1.4666 6.4738 #N/A #N/A 2016-05-03 1.4543 6.4900 0.15823 0.14741 2016-05-04 1.4475 6.4945 0.15853 0.14725 2016-05-05 1.4486 6.5032 0.15795 0.14725 2016-05-06 1.4439 6.4970 #N/A #N/A 2016-05-09 1.4409 6.5140 0.15740 0.14691 2016-05-10 1.4454 6.5150 0.15703 0.14808 2016-05-11 1.4480 6.4910 0.15665 0.14769 2016-05-12 1.4452 6.5140 0.15653 0.14753 2016-05-13 1.4369 6.5285 0.15690 0.14761 2016-05-16 1.4411 6.5184 0.15653 0.14769 2016-05-17 1.4485 6.5170 0.15628 0.14675 2016-05-18 1.4615 6.5370 0.15890 0.14683 2016-05-19 1.4608 6.5440 0.16348 0.14745 2016-05-20 1.4513 6.5485 0.16533 0.14730 2016-05-23 1.4444 6.5533 0.16558 0.14730 2016-05-24 1.4623 6.5552 0.16633 0.14738 2016-05-25 1.4694 6.5538 0.16664 0.14730 2016-05-26 1.4673 6.5540 0.16851 0.14730 2016-05-27 1.4644 6.5615 0.16826 0.14722 2016-05-30 #N/A #N/A #N/A #N/A 2016-05-31 1.4530 6.5798 0.17145 0.14705 2016-06-01 1.4395 6.5748 0.17033 0.14689 2016-06-02 1.4419 6.5815 0.17003 0.14683 2016-06-03 1.4521 6.5638 0.17054 0.14644 2016-06-06 1.4450 6.5611 0.16516 0.14552 2016-06-07 1.4564 6.5710 0.16415 0.14536 2016-06-08 1.4546 6.5600 0.16450 0.14427 2016-06-09 1.4467 6.5590 0.16401 0.14388 2016-06-10 1.4342 6.5590 0.16390 0.14380 2016-06-13 1.4223 6.5823 0.16313 0.14358 2016-06-14 1.4130 6.5930 0.16370 0.14305 2016-06-15 1.4185 6.5785 0.16409 0.14297 2016-06-16 1.4075 6.5899 0.16165 0.14313 2016-06-17 1.4285 6.5849 0.16110 0.14477 2016-06-20 1.4688 6.5768 0.16163 0.14656 2016-06-21 1.4668 6.5893 0.16046 0.14695 2016-06-22 1.4682 6.5750 0.16003 0.14570 2016-06-23 1.4800 6.5740 0.16003 0.14664 2016-06-24 1.3639 6.6150 0.15590 0.14000 2016-06-27 1.3217 6.6481 0.15678 0.13710 2016-06-28 1.3294 6.6450 0.15778 0.13828 2016-06-29 1.3510 6.6350 0.16153 0.13944 2016-06-30 1.3242 6.6459 0.16353 0.13960 2016-07-01 1.3281 6.6547 0.16334 0.13063 2016-07-04 #N/A #N/A 0.16409 0.12906 2016-07-05 1.3021 6.6770 0.16428 0.12781 2016-07-06 1.2921 6.6900 0.16528 0.13000 2016-07-07 1.2926 6.6790 0.16615 0.12969 2016-07-08 1.2938 6.6878 0.16678 0.12875 2016-07-11 1.2986 6.6917 0.16728 0.12555 2016-07-12 1.3237 6.6860 0.16834 0.12524 2016-07-13 1.3180 6.6832 0.17003 0.12547 2016-07-14 1.3332 6.6801 0.16978 0.12338 2016-07-15 1.3194 6.6865 0.17196 0.13188 2016-07-18 1.3279 6.7013 0.17390 0.13078 2016-07-19 1.3123 6.6931 0.17428 0.13144 2016-07-20 1.3179 6.6760 0.17540 0.13081 2016-07-21 1.3216 6.6735 0.17863 0.13150 2016-07-22 1.3091 6.6760 0.18025 0.13088 2016-07-25 1.3130 6.6783 0.18338 0.13088 2016-07-26 1.3133 6.6690 0.18575 0.12778 2016-07-27 1.3094 6.6680 0.18788 0.12691 2016-07-28 1.3151 6.6538 0.18913 0.12453 2016-07-29 1.3270 6.6371 0.18978 0.12347 2016-08-01 1.3209 6.6421 0.18978 0.12285 2016-08-02 1.3326 6.6239 0.19190 0.12336 2016-08-03 1.3335 6.6320 0.19440 0.12242 2016-08-04 1.3143 6.6388 0.19690 0.12063 2016-08-05 1.3069 6.6530 0.19809 0.10313 2016-08-08 1.3042 6.6597 0.20163 0.09914 2016-08-09 1.3010 6.6530 0.20400 0.09656 2016-08-10 1.2998 6.6345 0.20440 0.09531 2016-08-11 1.2960 6.6274 0.20425 0.09641 2016-08-12 1.2934 6.6324 0.20456 0.09719 2016-08-15 1.2874 6.6370 0.20103 0.09641 2016-08-16 1.3019 6.6240 0.20032 0.09610 2016-08-17 1.3012 6.6328 0.20282 0.09578 2016-08-18 1.3147 6.6297 0.20275 0.09695 2016-08-19 1.3061 6.6515 0.20428 0.09688 2016-08-22 1.3133 6.6475 0.20636 0.09688 2016-08-23 1.3179 6.6378 0.20636 0.09656 2016-08-24 1.3236 6.6562 0.20636 0.09672 2016-08-25 1.3177 6.6560 0.20733 0.09680 2016-08-26 1.3168 6.6690 0.20836 0.09742 2016-08-29 1.3089 6.6775 #N/A #N/A 2016-08-30 1.3084 6.6778 0.21053 0.09750 2016-08-31 1.3129 6.6776 0.20983 0.09688 2016-09-01 1.3273 6.6713 0.20892 0.09617 2016-09-02 1.3299 6.6790 0.20878 0.09610 2016-09-05 #N/A #N/A 0.20836 0.09578 2016-09-06 1.3429 6.6722 0.21017 0.09481 2016-09-07 1.3339 6.6600 0.20839 0.09456 2016-09-08 1.3301 6.6640 0.21136 0.09386 2016-09-09 1.3257 6.6778 0.21306 0.09519 2016-09-12 1.3313 6.6788 0.21395 0.09491 2016-09-13 1.3184 6.6782 0.21257 0.09485 2016-09-14 1.3204 6.6707 0.21347 0.09485 2016-09-15 1.3215 6.6707 0.21414 0.09547 2016-09-16 1.3090 6.6707 0.21428 0.09508 2016-09-19 1.3051 6.6650 0.21517 0.09469 2016-09-20 1.2974 6.6700 0.21647 0.09399 2016-09-21 1.2978 6.6695 0.21583 0.09399 2016-09-22 1.3092 6.6630 0.21418 0.09414 2016-09-23 1.2959 6.6690 0.21324 0.09406 2016-09-26 1.2978 6.6683 0.21324 0.09399 2016-09-27 1.3005 6.6691 0.21345 0.09399 2016-09-28 1.2996 6.6730 0.20942 0.09407 2016-09-29 1.2991 6.6650 0.21140 0.09466 2016-09-30 1.3015 6.6685 0.21342 0.09569 2016-10-03 1.2840 6.6685 0.21447 0.09569 2016-10-04 1.2746 6.6685 0.21608 0.09569 2016-10-05 1.2745 6.6685 0.21699 0.09622 2016-10-06 1.2647 6.6685 0.21789 0.09638 2016-10-07 1.2434 6.6685 0.21902 0.09822 2016-10-10 #N/A #N/A 0.21847 0.09931 2016-10-11 1.2218 6.7190 0.21938 0.09891 2016-10-12 1.2195 6.7180 0.22028 0.09891 2016-10-13 1.2201 6.7248 0.22000 0.09947 2016-10-14 1.2189 6.7277 0.22042 0.10031 2016-10-17 1.2186 6.7350 0.21940 0.10025 2016-10-18 1.2310 6.7401 0.22031 0.10053 2016-10-19 1.2279 6.7370 0.22017 0.10144 2016-10-20 1.2256 6.7439 0.22045 0.10050 2016-10-21 1.2210 6.7654 0.22045 0.10044 2016-10-24 1.2204 6.7728 0.22093 0.10031 2016-10-25 1.2164 6.7780 0.22142 0.10031 2016-10-26 1.2234 6.7706 0.22260 0.10060 2016-10-27 1.2173 6.7819 0.22183 0.10122 2016-10-28 1.2155 6.7760 0.22149 0.10122 2016-10-31 1.2212 6.7735 0.22107 0.10094 2016-11-01 1.2218 6.7630 0.22024 0.10055 2016-11-02 1.2315 6.7606 0.21892 0.09985 2016-11-03 1.2454 6.7612 0.22024 0.09975 2016-11-04 1.2546 6.7534 0.22065 0.10161 2016-11-07 1.2403 6.7740 0.22170 0.10091 2016-11-08 1.2372 6.7840 0.22058 0.10033 2016-11-09 1.2474 6.7769 0.22163 0.10077 2016-11-10 1.2523 6.7987 0.22552 0.10045 2016-11-11 #N/A #N/A 0.22642 0.10014 2016-11-14 1.2469 6.8447 0.22781 0.09944 2016-11-15 1.2422 6.8556 0.22656 0.09944 2016-11-16 1.2450 6.8770 0.22718 0.09960 2016-11-17 1.2450 6.8674 0.22781 0.09942 2016-11-18 1.2327 6.8873 0.22906 0.09960 2016-11-21 1.2474 6.8918 0.22996 0.09960 2016-11-22 1.2424 6.8880 0.23121 0.09960 2016-11-23 1.2458 6.9195 0.23253 0.09960 2016-11-24 #N/A #N/A 0.23427 0.09960 2016-11-25 1.2462 6.9176 0.23433 0.09772 2016-11-28 1.2411 6.9055 0.23378 0.09694 2016-11-29 1.2505 6.8933 0.23267 0.09647 2016-11-30 1.2481 6.8837 0.23354 0.09616 2016-12-01 1.2596 6.8830 0.23542 0.09613 2016-12-02 1.2685 6.8830 0.23660 0.09594 2016-12-05 1.2708 6.8775 0.23702 0.09591 2016-12-06 1.2706 6.8790 0.23771 0.09556 2016-12-07 1.2604 6.8780 0.23771 0.09485 2016-12-08 1.2574 6.8771 0.23827 0.09422 2016-12-09 1.2590 6.9042 0.23913 0.09422 2016-12-12 1.2677 6.9045 0.23968 0.09391 2016-12-13 1.2685 6.8984 0.24086 0.09422 2016-12-14 1.2706 6.9025 0.24260 0.09391 2016-12-15 1.2389 6.9410 0.24829 0.09328 2016-12-16 1.2478 6.9580 0.24933 0.09325 2016-12-19 1.2419 6.9506 0.24857 0.09266 2016-12-20 1.2358 6.9470 0.24906 0.09131 2016-12-21 1.2348 6.9390 0.24940 0.09053 2016-12-22 1.2301 6.9473 0.24927 0.09085 2016-12-23 1.2252 6.9432 0.24927 0.09053 2016-12-26 #N/A #N/A #N/A #N/A 2016-12-27 1.2261 6.9491 #N/A #N/A 2016-12-28 1.2222 6.9559 0.24954 0.09178 2016-12-29 1.2237 6.9535 0.24947 0.09169 2016-12-30 1.2337 6.9430 0.24947 0.09166 2017-01-02 #N/A #N/A #N/A #N/A 2017-01-03 1.2256 6.9575 0.24968 0.09256 2017-01-04 1.2299 6.9322 0.25128 0.09306 2017-01-05 1.2415 6.8870 0.25232 0.09322 2017-01-06 1.2314 6.9176 0.25253 0.09238 2017-01-09 1.2167 6.9350 0.25371 0.09222 2017-01-10 1.2165 6.9180 0.25447 0.09035 2017-01-11 1.2118 6.9365 0.25545 0.09003 2017-01-12 1.2211 6.8890 0.25545 0.08963 2017-01-13 1.2198 6.8985 0.25579 0.08963 2017-01-16 #N/A #N/A 0.25593 0.08916 2017-01-17 1.2388 6.8520 0.25621 0.08916 2017-01-18 1.2309 6.8360 0.25753 0.08913 2017-01-19 1.2319 6.8680 0.26031 0.08881 2017-01-20 #N/A #N/A 0.26086 0.08991 2017-01-23 1.2485 6.8514 0.25947 0.09030 2017-01-24 1.2531 6.8555 0.25795 0.09085 2017-01-25 1.2620 6.8812 0.25933 0.09116 2017-01-26 1.2579 6.8768 0.25975 0.09085 2017-01-27 1.2531 6.8768 0.25975 0.08928 2017-01-30 1.2478 6.8768 0.25850 0.08928 2017-01-31 1.2585 6.8768 0.25864 0.08897 2017-02-01 1.2643 6.8768 0.25864 0.08897 2017-02-02 1.2541 6.8768 0.25843 0.08866 2017-02-03 1.2504 6.8650 0.25850 0.08803 2017-02-06 1.2450 6.8600 0.25961 0.08850 2017-02-07 1.2486 6.8821 0.25954 0.08920 2017-02-08 1.2543 6.8700 0.25843 0.08966 2017-02-09 1.2516 6.8660 0.25843 0.09028 2017-02-10 1.2502 6.8775 0.25906 0.09052 2017-02-13 1.2510 6.8776 0.25975 0.09052 2017-02-14 1.2465 6.8649 0.25933 0.08952 2017-02-15 1.2465 6.8685 0.26045 0.08952 2017-02-16 1.2477 6.8517 0.26413 0.08952 2017-02-17 1.2428 6.8640 0.26308 0.08960 2017-02-20 #N/A #N/A 0.26253 0.08897 2017-02-21 1.2465 6.8810 0.26336 0.08897 2017-02-22 1.2456 6.8765 0.26350 0.08858 2017-02-23 1.2548 6.8622 0.26308 0.08858 2017-02-24 1.2499 6.8645 0.26350 0.08858 2017-02-27 1.2473 6.8675 0.26364 0.08842 2017-02-28 1.2427 6.8665 0.26600 0.08913 2017-03-01 1.2318 6.8794 0.27320 0.08756 2017-03-02 1.2267 6.8868 0.27500 0.08850 2017-03-03 1.2249 6.8954 0.27542 0.08889 2017-03-06 1.2243 6.8955 0.27656 0.08905 2017-03-07 1.2209 6.9000 0.27656 0.08889 2017-03-08 1.2152 6.9113 0.27725 0.08802 2017-03-09 1.2166 6.9086 0.27989 0.08669 2017-03-10 1.2158 6.9050 0.28031 0.08669 2017-03-13 1.2234 6.9050 0.28281 0.08594 2017-03-14 1.2168 6.9130 0.28433 0.08566 2017-03-15 1.2222 6.9132 0.28704 0.08597 2017-03-16 1.2370 6.9130 0.28795 0.08625 2017-03-17 1.2372 6.9000 0.28795 0.08610 2017-03-20 1.2365 6.9050 0.28906 0.08545 2017-03-21 1.2479 6.8830 0.28906 0.08578 2017-03-22 1.2476 6.8785 0.28920 0.08572 2017-03-23 1.2526 6.8843 0.28822 0.08572 2017-03-24 1.2491 6.8803 0.28782 0.08533 2017-03-27 1.2583 6.8687 0.28797 0.08619 2017-03-28 1.2503 6.8779 0.28806 0.08541 2017-03-29 1.2411 6.8879 0.28670 0.08510 2017-03-30 1.2489 6.8870 0.28690 0.08436 2017-03-31 1.2537 6.8832 0.28739 0.08436 2017-04-03 1.2479 6.8832 0.28746 0.08483 2017-04-04 1.2437 6.8832 0.28746 0.08383 2017-04-05 1.2488 6.8920 0.28760 0.08405 2017-04-06 1.2486 6.8955 0.28885 0.08470 2017-04-07 1.2398 6.8978 0.28940 0.08461 2017-04-10 1.2418 6.8988 #N/A #N/A 2017-04-11 1.2484 6.8893 0.28878 0.08494 2017-04-12 1.2500 6.8890 0.28961 0.08470 2017-04-13 1.2522 6.8865 0.28961 0.08483 2017-04-14 1.2531 6.8835 #N/A #N/A 2017-04-17 1.2587 6.8800 #N/A #N/A 2017-04-18 1.2769 6.8778 0.28906 0.08389 2017-04-19 1.2789 6.8860 0.28892 0.08420 2017-04-20 1.2830 6.8800 0.28829 0.08397 2017-04-21 1.2783 6.8845 0.28906 0.08381 2017-04-24 1.2783 6.8840 0.29163 0.08350 2017-04-25 1.2836 6.8824 0.29260 0.08219 2017-04-26 1.2838 6.8918 0.29295 0.08113 2017-04-27 1.2889 6.8958 0.29239 0.08100 2017-04-28 1.2938 6.8900 0.29308 0.08131 2017-05-01 1.2917 6.8900 #N/A #N/A 2017-05-02 1.2921 6.8949 0.29343 0.08092 2017-05-03 1.2916 6.8968 0.29281 0.08045 2017-05-04 1.2910 6.8959 0.29482 0.08077 2017-05-05 1.2950 6.9021 0.29510 0.08030 2017-05-08 1.2942 6.9040 0.29614 0.07991 2017-05-09 1.2939 6.9060 0.29550 0.07960 2017-05-10 1.2939 6.9011 0.29524 0.07866 2017-05-11 1.2885 6.9033 0.29545 0.07866 2017-05-12 1.2880 6.8972 0.29489 0.07850 2017-05-15 1.2917 6.8900 0.29486 0.07881 2017-05-16 1.2912 6.8840 0.29529 0.07811 2017-05-17 1.2944 6.8773 0.29460 0.07780 2017-05-18 1.3009 6.8880 0.29293 0.07670 2017-05-19 1.3018 6.8830 0.29661 0.07608 2017-05-22 1.3006 6.8828 0.29800 0.07592 2017-05-23 1.2984 6.8880 0.29717 0.07608 2017-05-24 1.2935 6.8883 0.29940 0.07561 2017-05-25 1.2954 6.8672 0.30010 0.07561 2017-05-26 1.2795 6.8525 0.30045 0.07491 2017-05-29 #N/A #N/A #N/A #N/A 2017-05-30 1.2858 6.8525 0.30045 0.07413 2017-05-31 1.2905 6.8098 0.30250 0.07345 2017-06-01 1.2894 6.8029 0.30452 0.07314 2017-06-02 1.2885 6.8085 0.30563 0.07291 2017-06-05 1.2917 6.8030 0.30489 0.07322 2017-06-06 1.2901 6.7945 0.30475 0.07274 2017-06-07 1.2941 6.7935 0.30525 0.07255 2017-06-08 1.2939 6.7990 0.30703 0.07249 2017-06-09 1.2737 6.7970 0.30911 0.07249 2017-06-12 1.2658 6.7974 0.31042 0.07217 2017-06-13 1.2739 6.7981 0.31139 0.07249 2017-06-14 1.2808 6.7888 0.31258 0.07249 2017-06-15 1.2768 6.8061 0.31686 0.07217 2017-06-16 1.2778 6.8097 0.31839 0.07389 2017-06-19 1.2743 6.8180 0.32006 0.07420 2017-06-20 1.2628 6.8285 0.32181 0.07177 2017-06-21 1.2667 6.8275 0.32236 0.07152 2017-06-22 1.2659 6.8275 0.32389 0.07489 2017-06-23 1.2727 6.8345 0.32332 0.07575 2017-06-26 1.2732 6.8382 0.32371 0.07510 2017-06-27 1.2791 6.8100 0.32377 0.07506 2017-06-28 1.2936 6.7984 0.32410 0.07499 2017-06-29 1.2984 6.7840 0.32465 0.07667 2017-06-30 1.2995 6.7793 0.32479 0.07667 2017-07-03 1.2951 6.7984 0.32518 0.07597 2017-07-04 #N/A #N/A 0.32553 0.07536 2017-07-05 1.2934 6.7995 0.32575 0.07591 2017-07-06 1.2967 6.7990 0.32603 0.07522 2017-07-07 1.2880 6.8039 0.32631 0.07460 2017-07-10 1.2884 6.8026 0.32603 0.07414 2017-07-11 1.2851 6.8010 0.32588 0.07428 2017-07-12 1.2889 6.7865 0.32597 0.07367 2017-07-13 1.2921 6.7825 0.32590 0.07399 2017-07-14 1.3079 6.7741 0.32590 0.07336 2017-07-17 1.3058 6.7690 0.32653 0.07367 2017-07-18 1.3026 6.7451 0.32674 0.07211 2017-07-19 1.3036 6.7511 0.32681 0.07211 2017-07-20 1.2976 6.7570 0.32813 0.07202 2017-07-21 1.2968 6.7663 0.32861 0.07210 2017-07-24 1.3028 6.7488 0.32847 0.07233 2017-07-25 1.3046 6.7495 0.32917 0.07170 2017-07-26 1.3048 6.7530 0.32847 0.07178 2017-07-27 1.3065 6.7410 0.32778 0.07147 2017-07-28 1.3124 6.7362 0.32764 0.07147 2017-07-31 1.3196 6.7240 0.32764 0.07153 2017-08-01 1.3206 6.7170 0.32764 0.07136 2017-08-02 1.3236 6.7200 0.32820 0.07202 2017-08-03 1.3144 6.7150 0.32792 0.07266 2017-08-04 1.3036 6.7272 0.32799 0.06960 2017-08-07 1.3021 6.7207 0.32785 0.07053 2017-08-08 1.2968 6.7049 0.32736 0.07085 2017-08-09 1.2997 6.6720 0.32729 0.07053 2017-08-10 1.2978 6.6460 0.32728 0.07053 2017-08-11 1.2988 6.6612 0.32875 0.07022 2017-08-14 1.2975 6.6695 0.32854 0.06991 2017-08-15 1.2862 6.6845 0.32854 0.06991 2017-08-16 1.2860 6.6900 0.32917 0.06991 2017-08-17 1.2888 6.6730 0.32910 0.07022 2017-08-18 1.2847 6.6700 0.32868 0.06944 2017-08-21 1.2903 6.6630 0.32861 0.07038 2017-08-22 1.2834 6.6600 0.32931 0.07038 2017-08-23 1.2787 6.6569 0.32931 0.06999 2017-08-24 1.2802 6.6600 0.32931 0.06999 2017-08-25 1.2873 6.6465 0.32945 0.07006 2017-08-28 1.2927 6.6084 #N/A #N/A 2017-08-29 1.2937 6.5945 0.32924 0.06960 2017-08-30 1.2934 6.5918 0.32903 0.06936 2017-08-31 1.2888 6.5888 0.32945 0.06936 2017-09-01 1.2972 6.5552 0.32903 0.06913 2017-09-04 #N/A #N/A 0.32903 0.06920 2017-09-05 1.3013 6.5345 0.32931 0.06945 2017-09-06 1.3073 6.5221 0.32931 0.07070 2017-09-07 1.3094 6.4830 0.32931 0.07144 2017-09-08 1.3211 6.4773 0.32758 0.07138 2017-09-11 1.3173 6.5254 0.32917 0.07167 2017-09-12 1.3280 6.5334 0.32979 0.07308 2017-09-13 1.3218 6.5400 0.33000 0.07555 2017-09-14 1.3398 6.5520 0.33028 0.07538 2017-09-15 1.3578 6.5500 0.33097 0.08172 2017-09-18 1.3485 6.5725 0.33125 0.08314 2017-09-19 1.3517 6.5800 0.33153 0.08278 2017-09-20 1.3564 6.5700 0.33077 0.08163 2017-09-21 1.3576 6.5861 0.33208 0.08235 2017-09-22 1.3531 6.5899 0.33236 0.08172 2017-09-25 1.3457 6.6189 0.33243 0.08147 2017-09-26 1.3422 6.6371 0.33271 0.08147 2017-09-27 1.3401 6.6400 0.33320 0.08244 2017-09-28 1.3435 6.6591 0.33375 0.08338 2017-09-29 1.3402 6.6533 0.33347 0.08375 2017-10-02 1.3268 6.6533 0.33389 0.08391 2017-10-03 1.3251 6.6533 0.33563 0.08391 2017-10-04 1.3268 6.6533 0.33667 0.08485 2017-10-05 1.3132 6.6533 0.33715 0.08588 2017-10-06 1.3063 6.6533 0.33757 0.08588 2017-10-09 #N/A #N/A 0.33910 0.08860 2017-10-10 1.3215 6.5712 0.33917 0.09069 2017-10-11 1.3210 6.5870 0.33965 0.09266 2017-10-12 1.3174 6.5855 0.33979 0.09250 2017-10-13 1.3304 6.5785 0.33833 0.09344 2017-10-16 1.3285 6.5885 0.33847 0.09469 2017-10-17 1.3182 6.6220 0.33933 0.09594 2017-10-18 1.3183 6.6250 0.34065 0.09578 2017-10-19 1.3181 6.6126 0.34063 0.09793 2017-10-20 1.3179 6.6185 0.34119 0.09785 2017-10-23 1.3201 6.6380 0.34186 0.09994 2017-10-24 1.3124 6.6335 0.34266 0.10108 2017-10-25 1.3252 6.6350 0.34362 0.10408 2017-10-26 1.3181 6.6392 0.34449 0.10560 2017-10-27 1.3108 6.6498 0.34502 0.10697 2017-10-30 1.3195 6.6498 0.34420 0.10827 2017-10-31 1.3281 6.6328 0.34531 0.10990 2017-11-01 1.3257 6.6018 0.34621 0.11269 2017-11-02 1.3068 6.6068 0.34785 0.11625 2017-11-03 1.3067 6.6360 0.34799 0.13103 2017-11-06 1.3145 6.6311 0.34926 0.13172 2017-11-07 1.3152 6.6380 0.35065 0.13081 2017-11-08 1.3108 6.6249 0.35245 0.13130 2017-11-09 1.3133 6.6378 0.35322 0.13203 2017-11-10 #N/A #N/A 0.35322 0.13203 2017-11-13 1.3101 6.6385 0.35397 0.13219 2017-11-14 1.3128 6.6350 0.35475 0.13150 2017-11-15 1.3165 6.6200 0.35548 0.13156 2017-11-16 1.3197 6.6273 0.35892 0.13131 2017-11-17 1.3222 6.6245 0.36017 0.13138 2017-11-20 1.3241 6.6245 0.36149 0.13144 2017-11-21 1.3232 6.6265 0.36350 0.13066 2017-11-22 1.3291 6.6086 0.36558 0.13066 2017-11-23 #N/A #N/A 0.36552 0.13066 2017-11-24 1.3336 6.5998 0.36691 0.13075 2017-11-27 1.3333 6.5967 0.36931 0.13075 2017-11-28 1.3231 6.6044 0.36971 0.13075 2017-11-29 1.3436 6.6091 0.37016 0.13035 2017-11-30 1.3506 6.6090 0.37185 0.13035 2017-12-01 1.3505 6.6137 0.37366 0.12994 2017-12-04 1.3465 6.6185 0.37712 0.13050 2017-12-05 1.3450 6.6170 0.37883 0.13050 2017-12-06 1.3382 6.6136 0.38066 0.13002 2017-12-07 1.3432 6.6173 0.38402 0.13055 2017-12-08 1.3367 6.6199 0.38720 0.13077 2017-12-11 1.3363 6.6175 0.39087 0.13069 2017-12-12 1.3323 6.6210 0.39338 0.13061 2017-12-13 1.3365 6.6171 0.39712 0.12991 2017-12-14 1.3440 6.6091 0.40011 0.12960 2017-12-15 1.3316 6.6088 0.40333 0.12905 2017-12-18 1.3398 6.6088 0.40637 0.12820 2017-12-19 1.3356 6.6088 0.41051 0.12836 2017-12-20 1.3408 6.5771 0.41448 0.12891 2017-12-21 1.3372 6.5833 0.41866 0.12922 2017-12-22 1.3379 6.5750 0.42144 0.12883 2017-12-25 #N/A #N/A #N/A #N/A 2017-12-26 1.3369 6.5429 #N/A #N/A 2017-12-27 1.3403 6.5560 0.42335 0.12938 2017-12-28 1.3450 6.5322 0.42366 0.13031 2017-12-29 1.3529 6.5063 0.42357 0.13027 2018-01-01 #N/A #N/A #N/A #N/A 2018-01-02 1.3596 6.4910 0.42423 0.12977 2018-01-03 1.3522 6.5010 0.42398 0.12961 2018-01-04 1.3539 6.4915 0.42595 0.12938 2018-01-05 1.3562 6.4875 0.42598 0.13031 2018-01-08 1.3566 6.4970 0.42701 0.13020 2018-01-09 1.3518 6.5263 0.42614 0.13033 2018-01-10 1.3513 6.5055 0.42728 0.13067 2018-01-11 1.3543 6.4956 0.43005 0.12986 2018-01-12 1.3689 6.4607 0.43038 0.12997 2018-01-15 #N/A #N/A 0.43283 0.13031 2018-01-16 1.3774 6.4395 0.43352 0.13039 2018-01-17 1.3824 6.4330 0.43480 0.13028 2018-01-18 1.3889 6.4175 0.43618 0.13049 2018-01-19 1.3857 6.3990 0.43612 0.13088 2018-01-22 1.3944 6.4035 0.43533 0.13074 2018-01-23 1.3968 6.4000 0.43630 0.13135 2018-01-24 1.4198 6.3650 0.43812 0.13189 2018-01-25 1.4264 6.3189 0.44008 0.13205 2018-01-26 1.4179 6.3199 0.44173 0.13199 2018-01-29 1.4042 6.3328 0.44306 0.13199 2018-01-30 1.4124 6.3199 0.44335 0.13113 2018-01-31 1.4190 6.2841 0.44444 0.13058 2018-02-01 1.4247 6.2969 0.44675 0.13058 2018-02-02 1.4126 6.2984 0.44726 0.13137 2018-02-05 1.4022 6.2850 0.44836 0.13074 2018-02-06 1.3951 6.2830 0.44768 0.13102 2018-02-07 1.3881 6.2649 0.44997 0.13216 2018-02-08 1.3915 6.3222 0.45263 0.13254 2018-02-09 1.3794 6.2966 0.45500 0.13380 2018-02-12 1.3820 6.3250 0.45835 0.13392 2018-02-13 1.3892 6.3380 0.45969 0.13497 2018-02-14 1.3955 6.3438 0.46250 0.13597 2018-02-15 1.4061 6.3438 0.46813 0.13666 2018-02-16 1.4055 6.3438 0.47124 0.13611 2018-02-19 #N/A #N/A 0.47303 0.13744 2018-02-20 1.4021 6.3351 0.47599 0.13830 2018-02-21 1.3946 6.3351 0.47994 0.13891 2018-02-22 1.3939 6.3471 0.48591 0.14088 2018-02-23 1.3979 6.3329 0.48906 0.14320 2018-02-26 1.3952 6.3115 0.49605 0.14502 2018-02-27 1.3906 6.3169 0.50156 0.14516 2018-02-28 1.3794 6.3280 0.50430 0.14541 2018-03-01 1.3755 6.3565 0.50614 0.14486 2018-03-02 1.3769 6.3428 0.50630 0.14618 2018-03-05 1.3856 6.3491 0.50873 0.14723 2018-03-06 1.3886 6.3093 0.51182 0.14906 2018-03-07 1.3888 6.3225 0.51431 0.15027 2018-03-08 1.3824 6.3389 0.51785 0.14999 2018-03-09 1.3863 6.3285 0.52219 0.15033 2018-03-12 1.3898 6.3270 0.52672 0.15052 2018-03-13 1.3987 6.3180 0.53113 0.15088 2018-03-14 1.3946 6.3140 0.53625 0.15122 2018-03-15 1.3951 6.3202 0.54438 0.15148  

Sample Solution