Random walk model for exchange rate forecasting
Explain about random walk model for exchange rate forecasting. Will it be reliable with the technical analysis?
Expert
Random walk model may predict that the present exchange rate can be the best interpreter of future exchange rate. Effect of model is that the past history of exchange rate is not at all important in predicting the future exchange rate. The model therefore does not go along with the technical analysis which tries to use the past history for predicting the future exchange rate.
Define status and role, explain the difference between the two, provide illustrations.
The Webster Company uses the aging method to estimate the allowance for doubtful accounts. The following schedule of accounts receivable was prepared as at December 31, 20x6: Age Balance %
State Net Profit in brief?
What are the drawback of Electronic Funds Transfer?
Compute 30-, 90-, and 180-day forward cross exchange rates between German mark and Swiss franc by utilizing the most recent quotations. Specify forward cross-rates in “German” terms.
State the difference between the swap broker and the swap dealer.
On December 31, 20x3, the PPE Company purchased an asset costing $1,000,000. The asset’s useful life is expected to be 10 years with a residual value of $300,000. a. Calculate the depreciation expense for 20x4 using:
Define the terms Fictitious Assets?
Owned by an entity, something that provides benefits and whose cost can be measured. The measure of the value of assets in dollar appears on the
State nature of the concessionary loan and explain how it is handled within the APV model?
18,76,764
1922695 Asked
3,689
Active Tutors
1453293
Questions Answered
Start Excelling in your courses, Ask an Expert and get answers for your homework and assignments!!