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plz provide me how did u get the answer 2. what was the dollar return on investm

ID: 2708380 • Letter: P

Question

plz provide me how did u get the answer

2. what was the dollar return on investment in a yen dominiated asset that yielded 10%(in yen), while the yen depreciated by 8.5% over period?                 

                    a)1.5                 

                    b)-1.5                 

                    c)0.65%                 

                    d)-0.65%                 

                    3. Suppose that the 30day london interbank offer rate is 6%(all rates are stated on an annualized basis). What is the effective annual rate for payment on a                    new $1million loan with 2% origination fees and monthly payment?                 

                    a)5000                 

                    b)6.10%                 

                    c)6%                 

                    d)6.12%                 

                    e)0.51%

Explanation / Answer

2) (1+0.1)*(1-0.085)-1 = 0.0065 = 0.65 %

ans is c


3) (1+ 6/1200)^12 -1 = 0.06167 = 6.167 %