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According to the Research in the Accuracy of Paid Exchange

Question 24

Multiple Choice

According to the research in the accuracy of paid exchange rate forecasters,


A) as a group,they do not do a better job of forecasting the exchange rate than the forward rate does.
B) the average forecaster is better than average at forecasting.
C) the forecasters do a better job of predicting the future exchange rate than the market does.
D) none of the options

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