Question: Problem 1 Period Fundamental Model: Spot Rate Model: Predicted Value of Predicted Value of Bulgarian lev Bulgarian lev US$0.52 US$0.50 $0.54 $0.50 $0.60 S0.56 S0.50

Problem 1 Period Fundamental Model: Spot Rate Model: Predicted Value of

Problem 1 Period Fundamental Model: Spot Rate Model: Predicted Value of Predicted Value of Bulgarian lev Bulgarian lev US$0.52 US$0.50 $0.54 $0.50 $0.60 S0.56 S0.50 Actual value of Bulgarian lev US$0.50 $0,60 $0.50 $0.50 S0.44 Using the mean % absolute forecast error, determine which model is better at forecasting the value of the Bulgarian lev, Problem 1 Period Fundamental Model: Spot Rate Model: Predicted Value of Predicted Value of Bulgarian lev Bulgarian lev US$0.52 US$0.50 $0.54 $0.50 $0.60 S0.56 S0.50 Actual value of Bulgarian lev US$0.50 $0,60 $0.50 $0.50 S0.44 Using the mean % absolute forecast error, determine which model is better at forecasting the value of the Bulgarian lev

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