If Foreign Exchange Markets Are Weak-Form Efficient, Then All Relevant

question 30

True/False

If foreign exchange markets are weak-form efficient, then all relevant public and private information is already reflected in today's exchange rates.

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Definitions:

Instrumentality

A perception or belief about the degree to which performance leads to the attainment of outcomes or rewards.

Probability

A measure of the likelihood that a particular event will occur, expressed as a number between 0 and 1, where 1 represents certainty.

Good Job

A term of praise or acknowledgment used to express approval of someone's performance or effort in a task or responsibility.

Outcome

The result or effect of an action, situation, or decision.