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please solve quickly 3. Gary Co. has forecasted the CAD for the most recent period to be $0.73. The realized value of the CAD in

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3. Gary Co. has forecasted the CAD for the most recent period to be $0.73. The realized value of the CAD in the most recent period was $0.80. Compute the absolute forecast error as a percentage of the realized value. Briefly explain key methods used for forecasting future exchange rates. 15 points

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