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(Solved): The following table shows an MNC's forecasted and realized values for one time period for the Canad ...
The following table shows an MNC's forecasted and realized values for one time period for the Canadian dollar and the euro. Which of the following statement is true? The two currencies have the same forecast error The forecast error for the Canandian dollar is greater than the forecast error for the Euro The forecast error for the Euro is greater than the forecast error for the Canadian dollar Under the assumption that the currency's volatility is the same, the two currencies have the same forecast errors