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If Exchange Markets Were Efficient, the Deviation of the Actual

question 54

True/False

If exchange markets were efficient, the deviation of the actual future quote and today's forward rate will be zero.


Definitions:

Organizational Commitment

The psychological attachment and loyalty an employee feels towards their organization, influencing their willingness to contribute to the company's goals.

Turnover

The act of replacing one employee with another, usually quantified as a rate within organizations, reflecting the number of employees leaving.

Citizenship Behaviour

Citizenship Behaviour pertains to actions taken by employees that contribute positively to the organizational culture and environment but are not directly part of their formal job duties.

Commitment

Commitment refers to a psychological state or attitude signifying an individual's dedication to a cause, activity, or the pursuit of set goals, often manifesting in loyalty and perseverance.

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