Question: a. 6. (8 points) Suppose that over one year the number of Dollars per one English Pound goes from 2.00 to 2.30. What's the annual

a. 6. (8 points) Suppose that over one year the number

a. 6. (8 points) Suppose that over one year the number of Dollars per one English Pound goes from 2.00 to 2.30. What's the annual depreciation rate of the Dollar (expressed in units of pound)? b. What is the annualized compound-monthly appreciation of the Pound? What is the annualized compound-weekly appreciation of the Pound? (Suppose there are 52 weeks in a year) d. Without doing the computation, give the relation between the annualized continuously compound appreciation rate and the annualized compound-daily appreciation. Which one should be bigger and why? C

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