Federal Reserve web site were stated in APR, so we had to divide it by 4 to get the monthly returns. The 2nd column represents the monthly reuturns for the 3-month Treasury bill secondary market for the last 60 months.
By using the average function from the spreadsheet, the average monthly returns for the 3-month Treasury bill was about 0.5678%, and it had a standard deviation of about 0.5165%
US Congress in 2002, is the most significant measure of federal securities and corporate law since the New Deal legislation of the 1930s. The act was a reaction to a number of major corporate and accounting scandals including those affecting Enron, Tyco International, Adelphia, Peregrine Systems and WorldCom. These scandals, which cost investors billions of dollars when the share prices of affec
Federal Reserve System
1.The Structure of the Federal Reserve System
Congress created the Federal Reserve System on December 23, 1913, with the signing of the Federal Reserve Act by President Woodrow Wilson. The Fed is an unusual mixture of public and private elements.
1) The Board of Governors
The Board of Governors, located in Washington, D.C., provides the leadership for the System. Th
huge reserve (US $514 bn in Sept'04), a stronger Yuan and government loosening the control on capital outflow, it will be economically rewarding to invest abroad. On the other hand, Chinese firms may desist from investing abroad if they fear further depreciation may not provide required rate of return. In short run, they prefer to wait before dollar depreciates before making investment.
II. How is CBM formed
Coalbed methane (CH4) forms in one of two ways. During the earliest stage of coalification (the process that turns plant detritus into coal), biogenic methane is generated as a by-product of bacterial respiration. Aerobic bacteria (those that use oxygen in respiration) first metabolize any free oxygen left in the plant remains and the surrounding sediments. In fresh water