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According to the efficient market school, ________ do the best job at predicting future spot exchange rates.

1 Answer

1 vote

Answer:

Forward exchange rates

Step-by-step explanation:

Forward exchange rate can be defined to be the exchange rate that a party such as a bank would agree to enter into a contract to receive or deliver a currency at a date in the future when it goes into a forward contract with someone or an investor.

According to the efficient market school the forward exchange rate do the best job at predicting future spot exchange.

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User DustBunny
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