Question

Explain the conditions under which the forward exchange rate will be an unbiased predictor of the future spot exchange rate?

Answer 1

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Advertising as an Investment. Every business sees advertising as an expense, a necessary but sometimes unaffordable expense, in the business operations. Advertising is something that people always plan to do, but either reduce the budget for it, or neglect it, especially when business times are tough.

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Answer 2

Explanation:

Advertising as an Investment. Every business sees advertising as an expense, a necessary but sometimes unaffordable expense, in the business operations. Advertising is something that people always plan to do, but either reduce the budget for it, or neglect it, especially when business times are tough.