- Briefly describe and then determine the approximate percentage appreciation or depreciation of the NASDAQ Composite, Dow Jones Industrial Average, and the S&P 500 for the last 12 months and for year-to-date and provide these figures. Clearly note if the change represents appreciation or depreciation percentage change for the time periods
- Describe the trend of interest rates over the last 3 years. This may require online research
-Give your best educated estimate of where interest rates are headed over the next year and justify your answer. There is no right or wrong answer to this estimate, but I will carefully review the justification of your prediction
-Because so many loan products are based upon the Prime Interest Rate, describe it and provide the current Prime Interest Rate