Multiple Choice
One of the implicit assumptions in using standard deviation as a measure of currency risk is that:
A) currency changes occur randomly in no discernable pattern.
B) only one currency can be considered at any one point in time.
C) the currency being considered has been actively traded in the currency markets for at least ten years.
D) currency changes are normally distributed,which means that currency changes occur in a regular pattern.
Correct Answer:
Verified
Correct Answer:
Verified
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