Go to the Markets section and then to Rates & Bonds, and click on a country to review its interest rates. Review the one-year yields of currencies. Assume that you could invest at the quoted yield for each currency. Which currency would offer you the highest quoted yield?

Jump to Answer Section
Category:

Go to the Markets section and then to Rates & Bonds, and click on a country to review its interest rates. Review the one-year yields of currencies. Assume that you could invest at the quoted yield for each currency. Which currency would offer you the highest quoted yield?

The Bloomberg website (www.bloomberg.com) provides interest rate data for many different foreign currencies over various maturities.

Go to the Markets section and then to Rates & Bonds, and click on a country to review its interest rates. Review the one-year yields of currencies. Assume that you could invest at the quoted yield for each currency. Which currency would offer you the highest quoted yield?

Answer & Explanation (1)

Here is a tip:
Yield refers to the earnings generated on an investment in a particular period of time.

Explanation
The currency of Country U has quoted a yield of 0.13% for one year. After seeing the quoted yield of all the currencies available, only the currency of Country U is offering the highest quoted yield. The currencies of Country J, Country A, and Country G are offering negative yields.

Verified Answer
The currency of Country U is offering the highest quoted yield, which is 0.13% for one year.

Purchase answer to view it. $5

Login/register for free and load your wallet instantly with $5 to buy and view this solution.

Category: