Question: Necessary For the current period, calculate the forecast error (as a percent of the realized value) for the Canadian dollar( in percentage ) Calculate the

The following table shows an MNC's forecasted and realized values for one Necessary

For the current period, calculate the forecast error (as a percent of the realized value) for the Canadian dollar( in percentage )

Calculate the forecast error (as a percent of the realized value) for the euro( in percentage)

In general, for longer forecast horizons, what will be the resulting forecast error?

The following table shows an MNC's forecasted and realized values for one time period for the Canadian dollar and the euro. Currency Canadian Dollar Euro Forecasted Value $0.66 $1.17 Realized Value $0.60 $1.20

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