Question: Options for the last answer is larger or smaller. 6. Measurement of forecast error The following table shows an MNC's forecasted and realized values for
Options for the last answer is larger or smaller.
6. Measurement of 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 50.57 $1.48 Realized Value $0.60 $1.60 For the current period, the forecast error (as a percent of the realized value) for the Canadian dollar is percent while the forecast error (os o percent of the realized value) for the euro is percent. (Hint: Input your answers as positive numbers.) In general, in periods when the value of a currency is more volatile, the resulting forecast error will be
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