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  3. Study Set
    International Financial Management Study Set 1
  4. Exam
    Exam 9: Forecasting Exchange Rates
  5. Question
    The Absolute Forecast Error of a Currency Is ____, on Average
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The Absolute Forecast Error of a Currency Is ____, on Average

Question 20

Question 20

Multiple Choice

The absolute forecast error of a currency is ____, on average, in periods when the currency is more ____.


A) lower; volatile
B) higher; stable
C) lower; stable
D) none of the above

Correct Answer:

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