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2 pts Question 6 Question 7 Question 8 XYZ, Inc. uses fundamental forecasting to forecast movements in the Japanese Yen UP. The company uses a

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2 pts Question 6 Question 7 Question 8 XYZ, Inc. uses fundamental forecasting to forecast movements in the Japanese Yen UP. The company uses a two-factor regression model with the two Time Running: Hide factors being inflation differential and income differential. XYZ's application of regression analysis, using historical data, yields the following regression coefficients Attempt due: Mar 7 at 10pm 44 Minutes, 28 Seconds The constant term is-0.03; the coefficient for the inflation term is 1.1; and the coefficient for income is 0.93 Assume that the most recent quarterly percentage change in inflation is 6% and that the income growth differential is4%Based on fundamental forecasting what is XYZ's forecast for the JPY during the next quarter? depreciation of An a ation of 7.3 A depreciation of 5.4 An appreciatin

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