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.

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Definitions:

Breast-Milk Feeding

The practice of feeding an infant human milk, usually directly from the breast, but potentially also pumped and bottle-fed, as the primary source of nutrition.

Intellectual Development

The process of developing mental capabilities and processing skills such as reasoning, problem-solving, and understanding concepts.

Experiments

Scientific procedures undertaken to make a discovery, test a hypothesis, or demonstrate a known fact.

Illusory Correlation

The perception of a relationship between two variables when no such relationship actually exists.