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Q3 Assume the following information: Predicted Value of Realized Value of Period Predicted Value of NZD Realized Value of NZD 1 $.52 $.50 2 .54

Q3

Assume the following information: Predicted Value of Realized Value of

Period Predicted Value of NZD Realized Value of NZD
1 $.52 $.50
2 .54 .60
3 .44 .40
4 .51 .50

Given this information, Calculate the percentage forecast error

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