Older Studies Say That Forward Rates Are _________________________ but More

Older studies say that forward rates are _________________________ but more recent studies suggest that forward rates __________________________________________.

A) are not good indicators of future currency values;are even less accurate in predicting future currency values
B) are not good indicators of future currency values;of currencies of emerging nations are fairly accurate
C) accurate indicators of future currency values;are poor predictors of future currency values
D) fairly accurate indicators of future currency values;are even better indicators of future currency values than previously thought

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