Huge Corporation Has Just Initiated a Market-Based Forecast System Using

question 64

Multiple Choice

Huge Corporation has just initiated a market-based forecast system using the forward rate as an estimate of the future spot rate of the Japanese yen (¥) and the Australian dollar (A$) . Listed below are the forecasted and realized values for the last period: According to this information and using the absolute forecast error as a percentage of the realized value, the forecast of the yen by Huge Corp. is ____ the forecast of the Australian dollar.

• A) more accurate than
• B) less accurate than
• C) more biased than
• D) the same as

---

Definitions:

Mature

Having reached full physical or mental development; showing qualities such as wisdom and responsibility that come with adulthood.

Pragmatic

relates to practical considerations or actions focused on dealing with the situations in a realistic manner.

Premenstrual Syndrome

A group of physical and emotional symptoms that many women experience in the week or two before their menstrual period.

Aerobic Exercise

Physical activity that increases the heart rate and the body's use of oxygen, improving cardiovascular health.