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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.
In the Index Amortizing note, the principal is repaid according to an amortization schedule linked to a specific reference rate. It is structured in such a manner
Board should encourage a strong control culture. Manager's bonus must not only be linked to company profits but also linked to internal control procedures being adhered to. There m
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nestle is an orgnization wether bureacratic approach approperiate for the organizational performance or not?
What is the effect of stock (not cash) dividends and stock splits on the market price of common stock? Why do corporations declare stock splits and stock dividends? Stock splits
limitations of historical cost
The theoretical spot rates for treasury securities represent the appropriate set of interest rates that should be used to value the risk from default-free cash fl
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