Canvas Question 4 2 pts Assume that you find that forward exchange rates of the Malaysian ringgit quoted in US dollars F(t_$/MYR) is a biased predictors of future spot exchange rates S(t+1.S/MYR). In particular, you find that E (Error(t+1)]-E, [S1+1,S/MYR) 3-F(t.S/MYR)-2%+0. Is that a violation of the unbiasedness hypothesis? Yes No enough information Question 5 2 pts Assume that you find that forward exchange rates of the Malaysian ringgit quoted in US dollars Ft S/MYR) is a biased predictors of future spot exchange rates Sit+1.5/MYR). In particular, you find that E[Error(t+1)]-ES 1.S/MYR)-FILS/MYR)-2% +0. The expected error term must revert to 0% very quickly because no rational investor will volunteer to buy a forward contract with a -2% expected return. True False No enough information Outlan Canvas Question 4 2 pts Assume that you find that forward exchange rates of the Malaysian ringgit quoted in US dollars F(t_$/MYR) is a biased predictors of future spot exchange rates S(t+1.S/MYR). In particular, you find that E (Error(t+1)]-E, [S1+1,S/MYR) 3-F(t.S/MYR)-2%+0. Is that a violation of the unbiasedness hypothesis? Yes No enough information Question 5 2 pts Assume that you find that forward exchange rates of the Malaysian ringgit quoted in US dollars Ft S/MYR) is a biased predictors of future spot exchange rates Sit+1.5/MYR). In particular, you find that E[Error(t+1)]-ES 1.S/MYR)-FILS/MYR)-2% +0. The expected error term must revert to 0% very quickly because no rational investor will volunteer to buy a forward contract with a -2% expected return. True False No enough information Outlan