What my Professor said : You will test if the IFE model holds based on the regression results, so it’s not optional. Besides, without the a and b estimates from the regression, you cannot really forecast the exchange rate using the IFE model, so you need the IFE regression to be estimated.Just add a new table, with the estimated a and b coefficients from the IFE model, their corresponding p-values and the Rsquare of the regression. Then, test if a =0 and b=1 and see if the IFE model holds or not. Then, use the estimated a and b values from the regression and the expected interest rates you get from tradingeconomics.com to forecast the exchange rate.
Delivering a high-quality product at a reasonable price is not enough anymore.
That’s why we have developed 5 beneficial guarantees that will make your experience with our service enjoyable, easy, and safe.
You have to be 100% sure of the quality of your product to give a money-back guarantee. This describes us perfectly. Make sure that this guarantee is totally transparent.Read more
Each paper is composed from scratch, according to your instructions. It is then checked by our plagiarism-detection software. There is no gap where plagiarism could squeeze in.Read more
Thanks to our free revisions, there is no way for you to be unsatisfied. We will work on your paper until you are completely happy with the result.Read more
Your email is safe, as we store it according to international data protection rules. Your bank details are secure, as we use only reliable payment systems.Read more
By sending us your money, you buy the service we provide. Check out our terms and conditions if you prefer business talks to be laid out in official language.Read more