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Explain the random walk model for exchange rate forecasting. Can it be consistent along with the technical analysis?Answer: The random walk model assumes that the current exchange rate will be the extremely best predictor of the future exchange rate. A suggestion of the model is that past history of the exchange rate is of no value in predicting future exchange rate. So the model is inconsistent with the technical analysis that tries to utilize past history in predicting the future exchange rate.
European Community (EC) An economic alliance, evaluated in 1957, designed to encourage trade and economic cooperation between its members. The EC is also called the European
How would you judge the potential profit of Bajaj Electronics on the first year of sales to Booth Plastics and give your views to increase the profit.
What do you meant by market-based and bank-based financial systems? Market-based versus bank-based financial systems implications. The presence of market-based and bank-base
An asset needed by the ABC Corp. can be purchased for $100,000. Maintenance and other ownership expenses will total $20,000 each year for the asset's expected 10-year life. On the
How to compare minimax and maximin with figures and commentary ?
Explain the re-measurement and translation process within FASB 52 of translating into the reporting currency the books of a completely owned affiliate that keeps its books in the l
applicability in vegetable growing
Q. Define Finance Function and discuss its nature and scope Ans. Meaning of Finance: - Finance is defined as the provision of funds at the time when it is required. The role of
Define the role of cash and of earnings while a corporation is deciding how much, if any, cash dividends to pay to common stockholders. In the long-run earnings are essential to
Explain the basic differences between the operation of a currency forward market and a futures market. Answer: The forward market is an OTC market in which the forward contract
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