Question 16 1 pts Assuming IFE and IRP hold, foreign currencies with comparatively high interest rates should have forward discounts and those currencies would be expected to depreciate. True False D Question 17 1 pts A speculator determines that a movement of FX rates was not related to prior exchange rate values, this implies that a is not valuable for speculating on expected exchange rate movements. monte carlo simulation econometric analysis technical forecast technique fundamental forecast technique Question 18 1 pts Assume that IRP holds. The 5-yr US interest rate is 5% annualized, and the 5-yr Thai interest rate is 8% annualized. Today's spot rate of the Thai Baht is $.20. What is the best estimate, five-year forecast of the Baht's spot rate if the five-year forward rate is used as a forecast? $0.216 $0.222 $0.174 $0.135