Question
Silicon Co. has forecasted the Canadian dollar for the most recent period to be $0.77. The realized value of the Canadian dollar in the most
Silicon Co. has forecasted the Canadian dollar for the most recent period to be $0.77. The realized value of the Canadian dollar in the most recent period was $0.83. Thus, the absolute forecast error as a percentage of the realized value was ____ percent
| -7.79 |
| 7.23 |
| 7.79 |
| -7.23 |
| none of the options listed |
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Multinational Business Finance
Authors: David K. Eiteman, Arthur I. Stonehill, Michael H. Moffett
6th Edition
0201538997, 978-0201538991
