According to the Research in the Accuracy of Paid Exchange

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 above