Question
For this assignment you will need to create two custom packages. Go to the Selected Daily Interest Rates site of the Federal Reserve (Links to
For this assignment you will need to create two custom packages. Go to the Selected Daily Interest Rates site of the Federal Reserve (Links to an external site.). Create a custom package for Federal Funds. On Q1 answer selected interest rates. On Q2 click Federal Funds. Q3 and Q4 fill automatically but you will need to click continue. Click on the custom dates key and set for one year of data as of last month's ending date. download to your excel program. Record the Federal Funds rate as of the end of last month and one year prior to that date. Now make a second custom package. In question 2 put in 3-month non-financial commercial paper and 3-month secondary market t-bills. In question 3 answer 3-month. maturity and In question four answer monthly. Set the dates for the same time as your first set of recordings. Again record the dates for month-end last month and month end one-year earlier. Analyze what you see. Explain any differences between the rates and any difference between last year and this year. I am looking for you to not only say higher or lower, but to employ your new knowledge of money markets to identify the key differences in rates.
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