Go to the Course Documents folder of Blackboard and find the file FRBSF Discount Rate.pdf within the Homework #4 material folder. This file includes a table that reports every date when the Discount rate has changed between 1980 and now. Note that each entry shows when the discount rate was changed, and so the rate remained at that value until it was changed again.

When answering the questions below, please report your answer exactly as given in the table. (note that there is no partial credit for this problem, it's either all correct or all wrong)

a. On July 4, 2022, the discount rate was

b. Since February 15, 1980, the lowest value for the discount rate was

c. Since February 15, 1980, the highest value for the discount rate was