A Likert scale is described as a seven-point rating scale with end points associated with bipolar labels that have semantic meaning

People in the sales department will generally start in the following position:

a. a sales management trainee. b. customer service representative. c. a field sales representative. d. research assistants. e. an assistant product manager.

The spot exchange rate for Indian Rupees is Rs 41/$. The one-year forward exchange rate is Rs 42/$ and the one-year U.S. interest rate is 4%. What is the implied one year interest rate in India?

A) 6.54% B) 6.24% C) 6.77% D) 6.75%