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Question 14 3 pts Assume that you find that forward exchange rates of the Malaysian ringgit quoted in US dollars F(t.$/MYR) is a biased predictors

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Question 14 3 pts Assume that you find that forward exchange rates of the Malaysian ringgit quoted in US dollars F(t.$/MYR) is a biased predictors of future spot exchange rates Sit+1.$/MYR). In particular, you find that E[Error(t+1)] - E[S(t+1),S/MRY))- FLS/MRY)-2%+0. Is that a violation of the efficient market hypothesis? Yes No Not enough information

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