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    International Financial Management Study Set 7
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    Exam 9: Forecasting Exchange Rates
  5. Question
    When Measuring Forecast Performance of Different Currencies, It Is Often
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When Measuring Forecast Performance of Different Currencies, It Is Often

Question 41

Question 41

True/False

When measuring forecast performance of different currencies, it is often useful to adjust for their relative sizes. Thus, percentages, rather than nominal amounts, are often used to compute forecast errors.

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