Short - Term Interest Rates Annual Percent
Year	1995	1996	1997	1998	1999	2000
Malaysia	5.5	6.4	6.4	6.9	3.5	2.9

Exchange Rates Percent appreciation (+) or depreciation (-) of the U.S. dollar against local currency.
Year	1995	1996	1997	1998	1999	2000
Malaysia	- 4.4	0.3	12.0	39.3	- 3.2	0.0

Consumer Price Index Percent change from year ago
Year	1995	1996	1997	1998	1999	2000
Malaysia	3.4	3.5	2.7	5.3	2.7	1.5

Q2. During the assigned period, what was the average uncovered rate of return from the U.S. viewpoint for the foreign country? SHOW WORK

If need be:

• Use geometric instead of arithmetic averages.

(Note, that in the geometric mean formula, the percentages are written in decimals.)

• Use exact instead of the approximate method.