Question: 4 . There are several variables that are important in determining exchange rates. Develop a multifactor model based on your chosen variables and estimate the
There are several variables that are important in determining exchange rates. Develop a multifactor model based on your chosen variables and estimate the model based on historical data. Use your model to generate the AUDUSD forecast for the next quarter. Explain your data include time periodfrequency employed methods, and results for your exchange rate forecasts. Hint: This is an openended question, and your group is encouraged to use your initiative and seek other sources for ideas on what else to include.
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