X Question 2 2 pts Assume that you find that forward exchange rates of the Malaysian ringgit quoted in US dollars Fit: S/MYR) is a biased predictors of future spot exchange rates St1./MYR). In particular, you find that E Errort-1)-E,S 1,S/MYR)-FILS/MYR)-2% 0. Is that a violation of the efficient market hypothesis? Yes No enough information D Question 3 2 pts Assume that you find that forward exchange rates of the Malaysian ringgit quoted in US dollars Ft.$MYR) is a biased predictors of future spot exchange rates Sit1.S/MYR). In particular,you find that E[Error(t+1)]-E, 1S1E+1,5/MYR)-F($/MYR)-+2%+0. Is there an arbitrage opportunity you can exploit? Yes No enough information Question 4 2 pts Law X Question 2 2 pts Assume that you find that forward exchange rates of the Malaysian ringgit quoted in US dollars Fit: S/MYR) is a biased predictors of future spot exchange rates St1./MYR). In particular, you find that E Errort-1)-E,S 1,S/MYR)-FILS/MYR)-2% 0. Is that a violation of the efficient market hypothesis? Yes No enough information D Question 3 2 pts Assume that you find that forward exchange rates of the Malaysian ringgit quoted in US dollars Ft.$MYR) is a biased predictors of future spot exchange rates Sit1.S/MYR). In particular,you find that E[Error(t+1)]-E, 1S1E+1,5/MYR)-F($/MYR)-+2%+0. Is there an arbitrage opportunity you can exploit? Yes No enough information Question 4 2 pts Law