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Suppose the following forecasts and realized exchange rates exist: Quarter Forecast Realized Spot Rate 2013Q2 USD10.120/ABC USD10.592/ABC 2013Q3 USD11.124/ABC USD11.148/ABC 2013Q4 USD12.126/ABC USD12.99/ABC Calculate
Suppose the following forecasts and realized exchange rates exist: Quarter Forecast Realized Spot Rate 2013Q2 USD10.120/ABC USD10.592/ABC 2013Q3 USD11.124/ABC USD11.148/ABC 2013Q4 USD12.126/ABC USD12.99/ABC Calculate the mean absolute error. Make sure to round your answer and all intermediate steps to four decimal places. Do not label your answer. Type your answer.....
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To forecast the 2014Q1 exchange rate we can use the random walk model which assumes that the next pe...
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Global Investments
Authors: Bruno Solnik, Dennis McLeavey
6th edition
321527704, 978-0321527707
