it a true or false question

REALIGNMENT. 24. COVERED INTEREST ARBITRAGE IS THE LEAST COMPLEX FORM OF ARBITRAGE 25. WHEN MARKET FORCES CAUSE INTEREST RATES AND EXCHANGE RATES TO ADJUST SUCH THAT COVERED INTEREST ARBITRAGE IS NO LONGER FEASIBLE, THE RESULT IS AN EQULIBRIUM STATE KNOWN AS INTEREST RATE PARITY (IRP). 26.IN EQUILIBRIUM, THE FORWARD RATE DIFFERS FROM THE SPOT RATE BY A SUFFICIENT AMOUNT TO OFFSET THE INTEREST RATE DIFFERENTIALS BETWEEN THE 2 NATIONS. 27. NUMEROUS ACADEMIC STUDIES HAVE EXAMINED IRP AND THE STUDIES GENERALLY DO NOT SUPPORT IRP. 28. ALTHOUGH DEVIATIONS FROM IRP DO OCCUR, THEY ARE USUALLY TOO SLIGHT TO MAKE COVERED INTEREST ARBITRAGE WORTHWHILE 29. THERE IS NO RELATIONSHIP BETWEEN INTEREST RATES AND EXCHANGE RATES 30. PURCHASING POWER PARITY THEORY ATTEMPTS TO QUANTIFY THE RELATIONSHIP BETWEEN INFLATION AND THE EXCHANGE RATE. 31. PPP THEORY IS ONE OF THE MOST POPULAR AND NON CONTROVERSAL THEORIES IN INTERNATIONAL FINANCE 32. THERE ARE 2 POPULAR FORMS OF PPP THEORY, ABSOLUTE FORM AND THE RELATIVE FORM OF PPP. 33. THE ABSOLUTE FORM ACOUNTS FOR SUCH MARKET IMPERFECTIONS AS COUNTRY SPECIFIC TRANSPORTATION COSTS AND TAXES. 34.RELATIVE FORM OF PPP STATES IN THE ABSENCE OF INTERNATIONAL BARRIERS, CONSUMERS WILL SHIFT THEIR DEMAND TO WHEREVER PRICES ARE LOWEST 35. PPP THEORY PRESUMES THAT EXCHANGE RATE MOVEMENTS ARE DRIVEN COMPLETELY BY THE INFLATION DIFFERENTIALS BETWEEN 2 NATIONS, 36. DEVIATIONS FROM PPP EXIST 37. DEVIATIONS FROM PPP EXIST BECAUSE EXCHANGE RATE MOVEMENTS ARE NOT DRIVEN SOLELY BY A CHANGE IN THE DIFFERENTIAL BETWEEN US INFLATION RATE AND THE FOREIGN COUNTRY'S INFLATION 38. NEED TO CONSIDER THE CHANGE IN THE DIFFEREENTIAL BETWEEN US INTEREST RATE AND FOREIGN NATIONS PLUS CHANGE IN THE US INCOME LEVEL AND FOREIGN NATIONS PLUS CHANGE IN GOVT CONTROLS PLUS CHANGE IN EXPECTATIONS OF FUTURE EXCHANGE RATES, THEREFORE, EXCHANGE RATE MOVEMENTS CANNOT BE AS SIMPLE AS PPP THEORY SUGGESTS 39. AN MNCS FORECASTS OF EXCHANGE RATE MOVEMENTS DO NOT INFLUENCE ITS MANAGERIAL DECISIONS 40. FORECASTING EXCHANGE RATES IS NOT A DIFFICULT TASK 41. FIRMS FORECAST EXCHANGE RATES TO HEDGE DECISIONS, FOR SHORT TERM INVESTMENT DECISIONS. FOR CAPITAL BUDGETING DECISIONS 29. THERE IS NO RELATIONSHIP BETWEEN INTEREST RATES AND EXCHANGE RATES 30. PURCHASING POWER PARITY THEORY ATTEMPTS TO QUANTIFY THE RELATIONSHIP BETWEEN INFLATION AND THE EXCHANGE RATE. 31. PPP THEORY IS ONE OF THE MOST POPULAR AND NON CONTROVERSAL THEORIES IN INTERNATIONAL FINANCE. 32. THERE ARE 2 POPULAR FORMS OF PPP THEORY, ABSOLUTE FORM AND THE RELATIVE FORM OF PPP. 33. THE ABSOLUTE FORM ACOUNTS FOR SUCH MARKET IMPERFECTIONS AS COUNTRY SPECIFIC TRANSPORTATION COSTS AND TAXES. 34..RELATIVE FORM OF PPP STATES IN THE ABSENCE OF INTERNATIONAL BARRIERS, CONSUMERS WILL SHIFT THEIR DEMAND TO WHEREVER PRICES ARE LOWEST. 35. PPP THEORY PRESUMES THAT EXCHANGE RATE MOVEMENTS ARE DRIVEN COMPLETELY BY THE INFLATION DIFFERENTIALS BETWEEN 2 NATIONS. 36. DEVIATIONS FROM PPP EXIST