It is sometimes argued that a forward exchange rate is an unbiased predictor of future
Chapter 5, Problem 5.18(choose chapter or problem)
It is sometimes argued that a forward exchange rate is an unbiased predictor of future exchange rates. Under what circumstances is this so?
Unfortunately, we don't have that question answered yet. But you can get it answered in just 5 hours by Logging in or Becoming a subscriber.
Becoming a subscriber
Or look for another answer