If the Forward Exchange Rate Is Unbiased Predictor of Future

question 21

True/False

If the forward exchange rate is unbiased predictor of future spot rates, the expected mean of the deviations from the forward rate is zero.

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Definitions:

Short-Term Memory

The capacity for holding a small amount of information in an active, readily available state for a short period of time.

All The Senses

Refers to the collective human senses used for perception, including sight, hearing, smell, taste, and touch.

First Review

The initial evaluation or assessment of a work product, document, or performance, often to provide preliminary feedback.

Intention Level

The degree of determination or resolve one has in aiming to accomplish a specific goal or task.