According to the text, the analysis of currencies forecasted with use of the forward rate suggests that:
A) currencies exhibited about the same mean forecast errors as a percent of the realized value.
B) the Canadian dollar can be forecasted by U.S. firms with greater accuracy than other currencies.
C) the Swiss franc can be forecasted by U.S. firms with greater accuracy than other currencies.
D) none of the above
Correct Answer:
Verified
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