Question
The following table shows an MNCs forecasted and realized values for one time period for the Canadian dollar and the euro. Which of the following
The following table shows an MNCs forecasted and realized values for one time period for the Canadian dollar and the euro. Which of the following statement is true?
a) The two currencies have the same forecast error
b) The forecast error for the Canadian dollar is greater than the forecast error for the Euro
c) The forecast error for the Euro is greater than the forecast error for the Canadian dollar
d) Under the assumption that the currency's volatility is the same, the two currencies have the same forecast errors
DO NOT COPY OTHER CHEGG ANSWERS
CurrencyCanadianDollarEuroForecastedValueRealizedValue$0.76$1.68$0.80$1.60
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Ecological Money And Finance
Authors: Thomas Lagoarde-Segot
1st Edition
3031142314, 978-3031142314
