When the forward rate equals the expected future spot rate, the forward rate is said to be a(n) ________ of the future spot rate

A) unbiased predictor
B) forward market investment
C) forward market return
D) unsystematic risk

Answer: A

Business

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One way to justify your decision in a bad-news message is to

A) show how your company benefits. B) state how your refusing the idea will benefit the reader. C) cite confidentiality. D) explain that a third party will benefit. E) focus on the negative news itself rather than on the reasons.

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