If people base their forecasts on rational expectations, Financial Management

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If people base their forecasts on rational expectations

If people base their forecasts on rational expectations, their forecast is the:

A) only forecast based on previous observations.

B) best possible forecast based on all private information.

C) best possible forecast based on past observations.

D) best possible forecast based on all public information.

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Financial Management: If people base their forecasts on rational expectations

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Financial Management: If people base their forecasts on rational expectations

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