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Consider the following information: CURRENCY 90-DAY FORWARD RATE SPOT RATE THAT OCCURRED 90 DAYS LATER Canadian dollar $0.80 $0.82 Japanese yen $0.012 $0.011 Assuming the

Consider the following information: CURRENCY 90-DAY FORWARD RATE SPOT RATE THAT OCCURRED 90 DAYS LATER Canadian dollar $0.80 $0.82 Japanese yen $0.012 $0.011 Assuming the forward rate was used to forecast the future spot rate, the Canadian dollar forecast error was _%, while the Japanese yen forecast error was __%

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