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A perfect forecasting ability implies that: a. the predicted change in earnings are higher than the realized change in earnings. b the forecaster outperforms the
A perfect forecasting ability implies that: a. the predicted change in earnings are higher than the realized change in earnings. b the forecaster outperforms the naive no-change model. c the value of Thiels inequality coefficient will be more than 1. d the predicted change in earnings equals difference between actual earnings and forecasted level of earnings.
A perfect forecasting ability implies that:
a. the predicted change in earnings are higher than the realized change in earnings.
b the forecaster outperforms the naive no-change model.
c the value of Thiels inequality coefficient will be more than 1.
d the predicted change in earnings equals difference between actual earnings and forecasted level of earnings.
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Corporate Financial Management
Authors: Glen Arnold, James Pickford
2nd Edition
0582821762, 978-0582821767
